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To: SouthFloridaGuy who wrote (405)3/2/2007 12:56:17 PM
From: John VosillaRead Replies (1) | Respond to of 1718
 
For stocks it is quite simple. BAC was the one large mega cap financial institution showing any weakness in recent months. Well now others have joined the party. Look at JPM and C more tied to consumer lending than other IB's on the street. As long as these three representing over $600B of market cap stay below the declining 50 day moving average the overall direction for stocks will remain down..