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Consumer Confidence/Bank Earnings Low

Posted: February 26, 2008 at 11:04 am by Chuck 

FEB Consumer Confidence: 75.0 v 82.0est.

FDIC reports Q4 Bank earnings fall to a 16 year low.

Comments

5 Responses to “Consumer Confidence/Bank Earnings Low”

  1. Noel Thomas on February 26th, 2008 12:24 pm

    Good morning, Lisa.

    Took advantage of the 45 point pop to the upside
    to slip into the DXD at 54.85. The pop attributed to
    IBM’s share buyback announcement. Don’t believe
    the gains will hold before the close.

    Keep cranking out the truth and we shall all be
    freed by it.

    Have a Good Un,

    Noel

  2. Lisa on February 26th, 2008 12:33 pm

    Hi, Noel. Always in search of the truth here. :)

  3. Don on February 26th, 2008 12:35 pm

    These ag stocks are driving me nuts. I refuse to chase them, but they are going going through the roof right in front of me. My new price target for POT is “one million” dollars per share. :) I have been watching this thing from the sidelines for the last $100.
    I am still only 50% invested in the market (30% in QID and 20% in UNG). Fortunately these two are holding up, but I am bored.

    Are you guys close to any swing trade set ups?

  4. Don on February 26th, 2008 12:39 pm

    Als.o…could you guys look at a daily chart of COIN? Looks like a nice little breakout to the upside

  5. Lisa on February 26th, 2008 12:46 pm

    I’ve traded POT several times. We’ll get some charts on the ags for everyone. I know you must be very bored :) but I have to congratulate you on your restraint from just jumping in. We are looking at swing trade possibilities everyday and will post them when the set-ups look better. A lot of things are running up into resistance right now, so we’ll see how today closes.

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