Tuesday, September 22, 2009

Big Finance


CIT is in a beautiful consolidation. Look for a huge breakout very soon. I'll be looking to get in at the bottom at 1.50 or above the 1.80 mark.


I've also got my eyes on FITB. It's been making a series of bear flags as you can see, but it is quickly becoming oversold and approaching its 50 MA, watch for a leap over the line!

FYI: SLM's got a falling wedge in the works, CNO a bull flag.