Tuesday, June 29, 2010

Where was I?

Monday, I wrote my column on bank stocks and how they still look plenty sick. On the message boards, a reader wanted to know where I was 3 months and 30% ago.

See Getting Technical,  Is Trouble Brewing for Financial Stocks, April 19. It came out just two trading days from the peak in the sector.  Hopefully, you will be able to see it in front of the pay site.
 

6 comments:

bmbull said...

Interesting Michael -- it looks like all of your stuff is back out in front of the pay wall, including the pieces I couldn't see last week. None of the links on your author page have the little 'key' in front of them anymore...the newer ones did last week.

http://topics.barrons.com/person/K/michael-kahn/6038

Bizarre.

Quick Takes Pro said...

Bizarre? This is wall Street. That's redundant.

FWIW - I have a chapter in my book called "Bizarro World."

bmbull said...

But, but, I thought you asked them about it, and they said...

Oh, never mind. :)

And it'll probably change again next week...

bmbull said...

Speaking of bizarre, that's a good word for the behavior in short-term bond yields (3-month) lately.

bmbull said...

And now today's column is behind the pay wall. Maybe they're 'subscribers only' for a period of time, then pushed out to the free side.

That's the only thing I can figure out...

MrWave4 said...

Hi Michael,
Not all financial stocks are declining. Check out DFS.
This one is turning around from 5 wave corrective structure. If you care to draw a gann box you get a few other bullish signs like support on the 1,1 line & at the 50% retracement level using the Apr high & Jun low.
Cheers