XJO 0.84% 8,295.1 s&p/asx 200

the bull and bear party , page-15

  1. 6,757 Posts.
    Sorry that government denial was on Friday (as you mentioned in original post) so that's "in the price" . Looking at a couple of the charts WFC, JPM and BAC recovered to close almost green though Citigroup was still down 22% on the day - would not want to hold that one too long.

    I keep an eye on the charts of mortgage backed CDOs - as these are a major part of the problem for the banks. Unfortunately took a big turn for the worse late last week and they really need to recover before the downtrend in financials can reverse.







 
watchlist Created with Sketch. Add XJO (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.