I feel this is indicating some SERIOUS problems in the economy over the next SEVERAL years.
http://www.stocktimi...arketUpdate.htm
(above obviously not my work, but I have plenty of other empiracle evidence we are just beginning to see the tip of the iceberg here.)
Stay vigilant. (last time I looked financials were over 20% of the S&P 500.)
Banking Index
Started by
nimblebear
, Jan 09 2008 09:55 PM
2 replies to this topic
#1
Posted 09 January 2008 - 09:55 PM
OTIS.
#2
Posted 09 January 2008 - 10:34 PM
I feel this is indicating some SERIOUS problems in the economy over the next SEVERAL years.
http://www.stocktimi...arketUpdate.htm
(above obviously not my work, but I have plenty of other empiracle evidence we are just beginning to see the tip of the iceberg here.)
Stay vigilant. (last time I looked financials were over 20% of the S&P 500.)
While financials are not banking per se, how can you not love this chart? This is about to make such a nice bottom, I plan to hide a copy of the chart under my mattress. Best of luck wtih you trades, but I think I'll get 4-5% in 2 days here.
GD
http://stockcharts.c...5130&r=7652.png
#3
Posted 10 January 2008 - 09:24 AM
Holding that support of the Oct 2002 fall highs at the moment....but if we get another low that I would love to see on OEX....BKX could see the bottom channel...which is only 6 bucks approx. under the exsisting low of 78.47...needless to say....that bottom channel better hold if seen.










