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Now that X bulls are Xstra bearish...


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#11 underabigw

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Posted 03 November 2007 - 11:24 AM

Thanks, I will keep an eye out.


http://stockcharts.com/c-sc/sc?s=$BKX&p=M&st=1994-01-01&i=p59432435950&a=29128039&r=9303.png





and bullish divergence on the daily...



http://stockcharts.com/c-sc/sc?s=$BKX&p=D&yr=2&mn=6&dy=0&i=p46216900598&a=28187877&r=8684.png



#12 eminimee

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Posted 03 November 2007 - 12:15 PM

And the banks have bottomed ? A/D going to break out to the upside ? Market will rally to the moon?

Doesn't add up.




No it doesn't. .. . . . :)

#13 dcengr

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Posted 03 November 2007 - 01:46 PM

Banks can bottom while SPX continues to go down.. it happened in 2000.
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