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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?

To: GROUND ZERO™ who wrote (77680)11/21/2007 12:09:51 PM
From: Real Man  Read Replies (1) | Respond to of 94695
 
Nope, it's not, but the past week has been a water torture mode
when trying to dip it. I'm still concerned. It should do
something soon, this can't continue,
most likely a Santa Rally. -g- The whole financial sector BK-d,
banks are trying to hold the last support around 90 before the plunge
into the abyss of 2002 lows. Another concern - financials lead,
but they do have stong support (from 2004! Gulp!) around here.



To: GROUND ZERO™ who wrote (77680)11/21/2007 12:42:24 PM
From: Qualified Opinion  Read Replies (1) | Respond to of 94695
 
There is an ocean of liquidity with the fed likely to cut interest rates to protect its own quasi-governmental lending institutions. It should help the banks as well.


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