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BANK STOCKS ARE STRONG. THEY ARE SERVING AS DAMAGE CONTROL FOR THE INDEXES.

Posted by Aadil on January 20, 2010 at 5:17pm

By TRADER X on January 20th, 2010 10:05am Eastern Time The bank stocks are all trading flat to positive today. This is helping the Dow Jones Industrial Average and the SPX from falling further than current levels. Should the bank stocks start to decline this could turn out to be a very big down day as most of the other sectors are negative already.

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