BANKS?

[Preston]

Show me da money dude i am not being sarcastic or rude but i want to tell a phrase what me master "Super Idego" used to say. Remember i am saying this as a joke so please do not get offended. Here the phrase "Hope it rise high enough, so that it can fall on your head"

[#2]

its cool .... just let it rise for now ... lol ... leme guess, you shorting the banks PRESTON ?

[Preston]

i love BIL..MTN and i have been following ACL. Banks are sad dude..change your trading strategy...

[Preston]

ACL has made asyllum No 1 in the trading competition..Hope it rises so high that it will fall on my head..(LOL)

[#5]

you have a better strategy for me PRESTON ??? I',m just waiting for ASA to go up so I can get out of trading banks .... wana shed some light for me dude

[Preston]

Trade the index that is showing some signs of growth..resources. Leave dem financial stock alone. Also analyse those trader choices in the TopGun/werner challenge and see the % return it had "in theory" brought those trader who pick resources.

[#7]

thanks buddy ... i'm going try that .... made huge loses 2 years ago ... still recovering .... the help is much appreciated

[alleycat]

The Relative Strength (RS) of both ASA and the Bank Index are in a serious downtrend from about a year ago and only once this reverses will the banks be viable.