Hi all,Fundamentalist:HBOS I have for 30yrs played the Banks(more than any other sector)by dipping in on corrections.This has proved successful both in gains and reasonable divi's.This morning I have picked up both HBOS&BARC at their lows so far today.If they go down further shall keep picking up.I play the banks as its always only a matter of time before you gain a profit/divi well in excess of B/society returns.On another matter have you looked at LGEN/AL.both seem to be holding firm,LGEN especially to me looks interesting having bucked going back to 86/87p range.Half the battle is to have enough liquid funds to pick up more if the price falls further.
Melnibone
Looking at the MACD indicator for HBOS I note that a rise has mostly been pre-empted by the MACD crossing up through the EMA. This is just one indicator and it alone is probably not sufficient to make an investment decission but it is a useful indication as to when the direction is likely to change.
I feel sure that you will be aware of this but it may prove useful to some others.
opto