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Monday, July 14, 2008

Markets: BKX: The Bank Index

A picture is far better than a thousand words.

Click on the post for a graph of the BKX---more affectionately called "The Bank Index." It is a "basket" of bank stocks and the graph reflects the state of the bank stocks.

After viewing the graph---a friend showed it to me at a local church picnic on Sunday----- I went for a double ice cream sundae, with lots of chocolate topping and whipped cream. Different people respond differently to these type of charts. My dad for example when viewing key charts like this would order an order of pancakes----and "make that a double order," he would say. We knew what that meant. Enjoy.

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