NFTRH has targeted the SMA 200 on the Bank Index since Hope '09 was in its early, angst ridden days. Now we have a world full of players hopping aboard the sunny story. After the index failed to hit the 200 in May, NFTRH stated that perhaps it would do so at a lower level at a later date.
Bingo. This is one big asterisk out of the way in the path to the end of the rally and with it, hope in '09.
