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Non-Tech : Binary Hodgepodge

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To: ~digs who wrote (550)3/12/2003 3:12:22 PM
From: ~digs  Read Replies (1) of 6763
 
wells fargo case study.. continued

the attempt by california to shut down their mortgage biz so far looks to have been futile:

SACRAMENTO, Calif., March 11 (Reuters) - A federal judge has issued a preliminary injunction against the state of California, preventing it from shutting down Wells Fargo and Co.'s (NYSE:WFC - News) mortgage business, the West Coast bank said on Tuesday. biz.yahoo.com

the stock chart however continues to deteriorate.. helped in part by overall market weakness in addition to greenspan's recent comments regarding overly leveraged mortgage companies:

weekly ttrader.com
daily ttrader.com

nice market bounce underway during the past hour or so.. perhaps WFC will rise up to tag its 40day ema again
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