October 25, 2010

Is Bank Of America (BAC) Ready For A Bounce?

Bank Of America (BAC) is very oversold and looks poised for a recovery rally:

On other topic, if you are into alternative rock, watch this live performance, "The National - Secret Meeting":

3 comments:

HMS said...

its either oversold and ready to bounce or something big is about to happen

I have been hearing new Lehman

Anonymous said...

HMS I have been following your thoughts on BAC for a while and even added it to my follow up list... I don't know what to tell you. But my gut tells me to stay away... there is something they are not telling us and it seems to me that they went pass the foreclosure stuff way too easy. I mean it can hurt their bottom line pretty well... I smell something fishy there. And a lot of people I follow are short the stock.
Anyway I look forward to find out your thoughts later on.

Thanks,
Remus

HMS said...

YEs, I just posted on Facebook about that.

Today is rallying against the market , though