Banking ended positive on the week and that bodes well for bottom searching here. The sell off all day Friday in that sector is a little disconcerting but between Tuesday and Friday morning the sector had made a counter market move of almost 4%. Weakest for the week was the Nasdaq composite, the Russell 2000 small caps and the NYSE all down over 2% on the week. If there was any strength besides the banks it was the DOW, closing the week down only 1%.
