InvestorsHub Logo

FinancialAdvisor

02/16/11 10:50 PM

#25849 RE: roguedolphin #25846

***Wells Fargo CFO leaves!***, some significant selling pressure recently... note, WFC is bigger then BAC... if something fishy is going on here and it unravels... well we saw what happened in 2008 when one of the big banks "collapsed" or should I say was "allowed" to collapse in Bear Stears...

a CFO leaving a MAJOR bank is never a good sign folks!

Technically, note bearish divergence in the RSI and MACD (guiding lower over the past month or two):