Charting this month’s manifestation of banker greed

• Posted by admin
• on May 22nd, 2012

 

We’ve been wallowing on the bottom of the Bollinger Bands for a while with zero trust in US bankers.     But $JPM, home of golden boy/anti-regulation Dimon,  hilariously ironic “hedge” gone crazy puts it just below standard deviation 2;  but it takes the now incredible events (still developing) of $FB to take us completely out of the range.  All-time-Low indeed.

 

 

Bonus:  guess the real stock this chart belongs to and earn a few virtual pats on the back.

 

The information in this blog post represents my own opinions and does not contain a recommendation for any particular security or investment. I or my affiliates may hold positions or other interests in securities mentioned in the Blog, please see my Disclaimer page for my full disclaimer.

blog comments powered by Disqus