C (Citigroup) Message Board

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Non-Tech : C (Citigroup)

C 101.69

+0.7%

Nov 5 3:59 PM EST

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To: Doug Bean who wrote (67)	3/11/1999 9:16:00 PM
From: JEB	Read Replies (1) of 259

The C 5 day chart: bigcharts.com Shows the indicators were bearish and turned at the end of the day into a bullish buy signal. The BKX (Banking futures) did the same. It seems that C was actually leading the SPOOs today and held strong or even ticked up when the SPOOs were ticking down (Counter-trend). I use the S&P futures (SPOOs) as a market strength indicator (General) for all stocks. Because of the strength of the market (SPOOs were ticking up in after hours) and the buy signal at the end of the day, C should rally into tomorrow before settling. It may look a lot like today. The whole banking sector is strong right now. -JMHO- Good trading, JEB

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