This is the chart for Citibank. The once storied bank fell from a high of $51 and is now at around $1.
Also, I had been counting the Elliott waves from the peak of 1570 in the S&P from September 07. It is really interesting to find that we may be on the 5th and last wave down and within this last 5th wave down, we are on the 3rd wave down. Somewhere at the end of this 3rd wave, there may be a bounce from the 4th wave up. So be careful always and happy trading!
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