Bet Against the Big Banks with the SKF

Congress is kicking ass and taking names, its as if Colonel John Matrix is bringing the pain on the big banks for stealing his daughter. Only this time Matrix is waging his personal war at Goldman Sachs (NYSE:GS), Bank of America (NYSE:BAC) and many more. Thus, if Matrix could be represented by one rogue security, it would have to be the ProShares UltraShort Financials (ETF) (NYSE:SKF).

(theStockMasters.com) From 1985's Commando starring the Governor of California:

[Plane will not start]
Matrix: Come on, you piece of shit. Fly or die.
[Plane starts up]
Matrix: Works every time.

That's right, its time to fire up an old friend in the face of the U.S Government vs. the Big Banks.

U.S. Bank shares are under pressure today as the world hears testimony from Goldman Sachs Group Inc. (GS) executives about the extent to which the investment bank benefited from the housing market's collapse.

SHORT THE BANKS

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SOURCE: http://thestockmasters.com/skf-banks-04272010