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Old Nov 5th, 2009, 05:07 PM   #3131
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Closed shy of the 10day MA.
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Old Nov 6th, 2009, 03:12 AM   #3132
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Next week I would suspect bac to level off and start a slow climb. I'll be looking for an entry prob. Middle of week. I will look over the fundamentals and the techs over the weekend for a better feeling of a good entry. I'd like to see some positive momentum with a key level to get over before adding some flipper shares.
I think we might be turning the trend around here. Tomorrow will be a pivotal day. Hopefully we can maintain the positive pps growth on a Friday. If bac can do this on a flat or negative day in the markets the we should be good to go. The money will come back but when? Soon IMO.
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Old Nov 6th, 2009, 09:44 AM   #3133
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BAC is definitely a top pick for growth in a new bull market.
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Old Nov 6th, 2009, 09:51 AM   #3134
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Aig may bring the financials Down today... Dang it! Aig Dow 10% pre- market and bac down 2%.
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Old Nov 6th, 2009, 09:58 AM   #3135
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Oh yeah and the jobless rate jumped to10.2%.
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Old Nov 6th, 2009, 03:52 PM   #3136
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Short BAC @ 15.03

SL 15.26
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Old Nov 6th, 2009, 03:55 PM   #3137
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Short BAC @ 15.03

SL 15.26
VOODO!
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Old Nov 6th, 2009, 04:56 PM   #3138
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Short BAC @ 15.03

SL 15.26
Covered @ 15.
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Old Nov 6th, 2009, 09:22 PM   #3139
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BAC 10Q

"...Net income (loss) was $(1.0) billion, or $(0.26) per diluted common share after preferred dividends for the three months ended September 30, 2009, compared to $1.2 billion, or $0.15 per diluted common share, for the same period in 2008. Net income was $6.5 billion, or $0.39 per diluted common share for the nine months ended September 30, 2009, compared to $5.8 billion, or $1.09 per diluted common share, for same period in 2008..."

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Old Nov 7th, 2009, 04:09 AM   #3140
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closed at 10 day sma for the first time since it was above $18 a few weeks ago
good time to add to long position??
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