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To: Larry S. who wrote (6280)1/28/2002 4:28:56 PM
From: chowder  Read Replies (1) | Respond to of 206114
 
Larry, gapping down below the 50 dma and retreating after attempting to come back above the 50 dma is certainly bearish in the short term, according to the daily chart.

The weekly chart, I suspect, gives a more bleak picture of the intermediate term for COF. The stock has closed below the 10 dma and the Stochastics are saying sell.

stockcharts.com[h,a]waclyiay[pb200!b10!b50!f][vc60][iut!Ub14!Ua12,26,9!Lh14,3!Lc5!Ll14!Lj[$spx]]

What impact will no rate cut have on the financial sector? Any thoughts?

dabum