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Strategies & Market Trends : Stocks Crossing The 13 Week Moving Average <$10.01

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To: NewKit who wrote (4955)8/25/1999 11:48:00 AM
From: James Strauss  Read Replies (1) of 13094
 
What do you think about the problem with Bank One? Will it pull the banking sector and the market down?

NK:

Some bad Mgmt decisions and poor earnings are affecting Bank One... It will probably have a temporary negative effect on the Banking sector and a one day effect on the market... This presents a buying oppty in other banking stocks like Citigroup, Chase, and Bank America...

Jim
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