Is a private-equity research firm.
The charts provided here are not meant for investment purpose(s) and only serve as technical examples. Trader Disclosure: See below for our Legal / Disclaimer.

Friday, January 23, 2009

JPM Up Into The Weekend


JPM up into the Friday closing bell, which is a good bounce off the weekly low and it is starting to come into the first level of resistance. I would look to see how the market opens on Monday before placing a trade. Banks Nationalization Program? I do not think there will be one, but if they do make a decision on a newly RTC, which was done in the G.W. Bush time. I think we will see large swings the short term. Banks can not get too low; as this causes bank runs.

Well have a great weekend!!