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Morgan Stanley (MS) Trading Down 25%

September 16, 2008 9:34 AM EDT
Today, Morgan Stanley (NYSE: MS) is trading down 25%, after Goldman Sachs (NYSE: GS) didn't impress Wall Street with its numbers. Goldman Sachs is trading down approximately 12%. If you are looking to short financials, it may not be a bad idea to look at the Proshares TR Ultrashort Financials (AMEX: SKF).

Morgan Stanley is a global financial services firm that, through its subsidiaries and affiliates, provides its products and services to a group of clients and customers, including corporations, governments, financial institutions and individuals.
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Goldman Sachs, Morgan Stanley