[BKX] update

In the backlink I provided the chart below.



The title of that post was "The banksters will lead us down".  While BKX was down a whopping 4.28% (compared to DJIA 2.8% and $compx 2.94%) today it is still too early to pop the champagne because I do not see 5 clear waves down yet.  So for all I know, this could move back up into $75 or $76 range before resuming its collapse.  That is not my first model but I can see that it could be possible.

My primary model is more like the green and then blue lines below.  But we should know hot this is going to fall out tomorrow.  I would personally rather be leaning long commodities at this point than short very many things.  But again, we will likely know a lot more about that view tomorrow as well.