There may be some truth to that. However, if you look at the market and banking sector since the market started to turn down on 4/27, the DOW is down 10.6% and the S&P is off 11.1%. The Banking sector is down 15.3%, B of A is down 14.6%, Wells Fargo is off 17.2%, while JPM is down only 13.7%. My point is simply that despite all of the negative press lately, JPM remains the 2,000 lb. gorilla, and the movement of it's stock price tends to trend closer to the overall market. It doesn't appear to be affected much by whatever new evil is exposed or what happens in WaMu BK (as much as some on this board might like to think that's the case). That would change if we got paid close to the good professor's numbers, but I doubt we will. If we get Diamond's 2 X Plus, we'll be happy, and they'll spin it with limited impact on their pps. IMO
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