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Re: boca_bobby post# 1429

Friday, 01/22/2010 8:28:54 PM

Friday, January 22, 2010 8:28:54 PM

Post# of 4476
When I posted earlier today on AXP, it hadn't tested the first support line. Hmm, I wonder what the next support line is? By eyeballing it, $36.31? I'm thinking that the sell off we've seen was a spill over from the 'O speech the other day and the real news has yet to hit AXP...Now, granted the 30 minute chart looked a little better during the last hour, but to me this thing is looking bearish now for sure....

Note: Credit CARD Act of 2009 goes into full effect February 2010.

sources:
http://www.govtrack.us/congress/bill.xpd?bill=h111-627
http://www.creditcards.com/credit-card-news/credit-card-law-interactive-1282.php
http://www.stopbuyingcrap.com/personal-finance/credit-card-act-2009/


Not compensated in any manner for research and/or posts. Information should be construed as information only for discussion purposes. Always conduct your own dd. Just my opinion

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