SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Pastimes : Clown-Free Zone... sorry, no clowns allowed -- Ignore unavailable to you. Want to Upgrade?


To: NOW who wrote (59957)1/19/2001 5:48:52 PM
From: pater tenebrarum  Read Replies (1) | Respond to of 436258
 
it tried to hide at first, but my eagle eyes spotted it...-g-

imo the 10-min chart of the BKX today deserves to be named 'El Ugly'.

in q3, before the economy began to move into the tank, bad loans in the system expanded by 15%, and the banks loan loss reserves were at their lowest in 10 years, and their overall capital reserves/assets ratio hit a 14 year low.

so bank earnings will disappear from the face of the earth for several quarters most likely...the market's going to take notice eventually.