Replies to post #6619 on pilgrim's progress

[MiamiGent]

Good morning, pilgrim!
Wish I knew what is happening to banks. Can't tell if they are resting after racing ahead of the S & P, reacting to the supposed continuation of Easing or ?. If they continue to slide it will not bode well for the market overall.
Let's see if FBP 5.75 holds.
Will hold a little longer. Long at 6.11 avg now.
http://stockcharts.com/h-sc/ui

Click on the Lion video- very cool!
http://www.godfruits.com/christian-the-lion-story-official-video-243.php

RSI14 on the daily chart is at 30.25 parallel to the 30 and did not drop below 30 yet. Now 25.08 Unless there is a negative article from "Seeking Alpha" it should be close. Prophetic- a S.A. article hit but it's good. Puzzled by the #'s cited, though. I've figured out Indians write these because the remuneration goes a long way there. Today should be a telling point. Had an uptick in volume to me seems they thought near bottom.

At this moment 'imo' there is no definite indicator to show bottom and a turn around it does look CLOSE. May regroup here in this area made one drop through the $5.90 and if it goes further may consolidate around $5.75 Right on the money you are! Hit 5.75 yesterday! or what seems to be a resistance level. Unless the 'natives' are skittish do not think it will see the mid $5.60...............and I could be wrong. Usually am! LOL!