Replies to post #2841 on Washington Mutual Preferred fka WAMPQ

[bagheera]

I understand that..but JPM has held up throughout all this mess and has been in a steady channel and has not dropped below 29 during the meltdown..and now it broke and is tanking everyday..so i thought there might be something bad other than it is in the banking sector..like i said it did not tank when all the other banks did..so it tells me something wrong other than just being in banking sector..