Broken

So we got the answer to the question I raised in my last post already in yesterday`s session - we broke major support areas due to dramatic declines in the bank stocks (C,BAC,...). No telling how this all will turn out and how these financials will look at the end of this year. My guess is that a wave of nationalization is in the cards. Anyway, trading resumes as usual and there are some nice looking charts out. On the short side I would like to see ADM break through 24, AGU through 29 and CMI 23. Even if the market turns up a bit today I will be very careful here on the long side as markets are in really bad shape again, however the names I will have a look are RIMM and SYNA again from yesterdays post.