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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives
SPY 659.00+1.0%Nov 21 4:00 PM EST

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To: Fintas who wrote (40700)11/21/2012 12:16:17 PM
From: Keith Feral  Read Replies (1) of 219171
 
People still have the impression that banks don't make any money.<g>

JPM has the third highest EPS on the DOW. Given a 1000 point pullback on the DOW and JPM still above $40, I doubt it will dip much below $40 unless there is another 1000 point meltdown. I doubt it would get much lower than $35.
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