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For those who have been paying attention, it appears that the momentum of the insane bank rally is running out of steam. I have been paying particular attention to the small bank detailed in the most recent of the banking intelligence notes for subscribers (BOK 1Q09 Bank Intelligance Note 1Q09 2009-05-07 06:34:52 460.74 Kb). This particular bank took full advantage of the liberal tricks that regulators have laid at management's feet. The result, strong earnings for the first quarter, powered by pure economic losses! This is bound to come back to bite them in the arse, and when it does it should be interesting. On that note, the next series in the charting analysis from the BoomBustBlog readership. Again, this is for illustrative purposes only and I warranty it in no form or fashion as to accuracy, completeness or content. 

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