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Tuesday's Update

Tuesday, February 9th. - Stock Trends, Charts, and Commentary
                                             (*** If you see last week's Tuesday Update: Click Here)

Last week, we commented that investors should be concerned about Banks ($BKX).   

So, what happened since then?  Yesterday, the Banking Index dropped to a critical support line and then closed a bit higher at 59.45.  In order to remain healthy and avoid more trouble, the Banking Index needs to hold a 58.70 close today.

Be very careful at this juncture.

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