Here's a chart of the DJ US financials index. A failed break in each direction. And the next move is..?
The ABX indices of mortgage backed securities are showing strong gains - even the subprime issues which went close to zero are ticking up. Delays to the rescue package may put an end to that I guess. They seem to be locked in to it now.
tribochet tuesday, page-18
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Last
8,295.1 |
Change
68.800(0.84%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 8,226.3 | 8,319.4 | 8,226.3 |
| XJO (ASX) Chart |