DislikedBanks are trading funds as well as algorithms. Furthermore, these days banks trade using bots - these are high frequency trades - not overnight trades, as may be the case with hedge funds.
The triangle bit, you may well be right - we see triangles, while others may see 'fundies'. Regardless, the triangle formation does show the current trading pattern of the banks - one which is leading to narrower and narrower consolidation - one which will lead to a breakout in 2013. The interest rate bit? I stand by it. To think that a positive interest rate...Ignored
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