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swordfish

Bulgaria - The Weak End Leader

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Bottom Line: The short-term chart presents two opposite possible outcomes, but the medium-term (stronger) time frame points toward a correction of modest duration; therefore, an upside breakout is unlikely to be sustained. The long-term (strongest) chart tells us that, regardless of how severe a correction we experience, the bull market will ultimately prevail

 

read all here

http://www.decisionpoint.com/ChartSpotlite...1218_cspot.html

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Regulators shuttered First Federal Bank of California, based in Santa Monica, with $6.1 billion in assets and $4.5 billion in deposits, as was as Imperial Capital Bank of La Jolla, Calif., with about $4 billion in assets and $2.8 billion in deposits.

 

First Federal in SM was a big player in socal liar loan/subprime mortgages.

 

Not anymore.

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Regulators shuttered First Federal Bank of California, based in Santa Monica, with $6.1 billion in assets and $4.5 billion in deposits, as was as Imperial Capital Bank of La Jolla, Calif., with about $4 billion in assets and $2.8 billion in deposits.

 

First Federal in SM was a big player in socal liar loan/subprime mortgages.

 

Not anymore.

Had a friend that worked at First Fed....kept telling him to put money away while he could...he went out and bought a big house at the top instead....

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Had a friend that worked at First Fed....kept telling him to put money away while he could...he went out and bought a big house at the top instead....

 

Well, experience is the best teacher, although that is usually far harsher than learning from instruction.

 

Here are some folks who learned something from experience that wasn't harsh. The big banks learned from experience that the taxpaer will bail them out of any fubar thing they do.

 

http://www.bloomberg.com/apps/news?pid=206...aZ3DY&pos=5

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And from the other side....

 

Regional Banks trying to emerge from big time consolidation at 200 day MA....next week should be the tell here....

 

KRE is the SPDR on that one

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As for Dec. 16 being a potential lower swing high on the spx maybe rotation will come out of two latest high flying sectors

 

Transports Dec. 16 swing high?

http://www.StockSharePublishing.com/ChartL..._1261261224.png

 

Utilities Dec. 14 swing high?

http://www.StockSharePublishing.com/ChartL..._1261261318.png

 

or even the HMO's as a Dec. 16 swing high

http://www.StockSharePublishing.com/ChartL..._1261261476.png

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