Citi was one of the hardest hit during the crisis. Things were so bad that
along with changing market sentiment we saw the Citi slogan changing from
'The Citi never sleeps' to 'The client never sleeps'. Citi also got involved
locally in a scam. Markets have a tendency to overreact and underreact. Now
we are seeing the negatives bundle up as Citi weathers its worst storm.

Citi has become one of the worst performers (among Global 1000) of the last
24 month bull rally, it deserves another look. Our Jiseki performance
rankings suggest that Citi is still among the bottom 20 percentile of
performance over a quarter. Though the Jiseki cycles are not yet positive
RSI support at 40 suggest that any fall in the stock should see buying
support coming in.

When a financial major suggests accumulation on an intermediate degree, it
means that we are still in a continued bull market and any dip down should
be intermediate in nature. We have illustrated both the Dow and Citi charts
in the case here. Interpreting Citi price structure is the challenge, the
Citi itself, never lies.

Mukul Pal, CMT, Orpheus Capitals, Global Alternative Research