Banking Industry Slammed: More Punishment Ahead…
November 07, 2007 at 12:32 PM EST
In a recent market report dated 10/18/07, I reviewed the banking industry. At this time, the Bank Index (BKX) was trading at $102.90 and was just beginning to break down from what we chartists refer to as a symmetrical triangle. Here’s a brief conclusion of what I stated in the report: “The bottom line here is [...]