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The Philadelphia Bank Index
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Author The Philadelphia Bank Index
HenryTo
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Joined: 06 Aug 2004
Posts: 11743
Location: Los Angeles, California
PostPosted: Wed Jul 06, 2005 10:51 am    Post subject: The Philadelphia Bank Index Reply with quote
The most recent closing low on the Bank Index was 98.23 on June 13th. As I am typing this, the Bank Index is at 99.06. I believe 98.23 is a pretty important number to watch. If or whenever that goes, then the market will most likely follow through on the downside that I was expecting in our most recent weekend commentary. Second most important index is the Dow Transports.

Will be watching,

Henry
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