It would be tough to find a weaker chart. There is a good chance that the 2002 low will be support on the first test. I think of bankers as smart but they actually must be some of the dumber people around based on the decisions they made in the past few years. It is hard to imagine the market going up with the banks at least stabilizing.
Chart courtesy of Stockcharts.com
Post Modified: July 2nd, 2008 at 11:51 pm
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