BAC - Bank of America - Page 310

I just bought May 7 puts for .07. Hey, what the heck. lol

 

 

 

I am here to help not to argue

watching this sh*^ on a daily basis is THE major risk to my portfolio. I bet if I were to go into a comma tomorrow for the next decade, I would wake up very very happy with my investments. I need to get myself away from the day to day and get back into fishing big time.

 I am here to help not to argue

 

 Do you not think the 7.76 - 8.20 area might hold as strong support if we can get a good bounce from here?

 

edit; i mean 7.67

 

 

 

Did you just figure this out?

 

 

How on earth do you explain the 2% rise in EU banks

and 1% rise in Can banks??

 

do your lines draw any idea from those?

 

 

 

I'll say one more thing. I see no levels of support anywhere for BAC. It's hard to imagine but maybe the 5's are coming back.

what u mean no support

 

bac held 8$ for over a month!! FEB to march

 

next level is 5$ which was pure double recession levels

 

that wont come unless the EU explodes...

 

 

I'm not saying I expect 5 but it wouldn't surprise me. It was already down to 7.95 yesterday so I don't expect 8 to hold but there's always that possibility. Heck, I had Apr and May calls that are worth 0 now. Now I picked up some cheap puts.

 

 

 

As every trader think that 7.76 - 8.20 is a good support area,,, they will sell off million of shares at this range and continue heading to 7$

...sorry..keep drawing those lines

 

billions of people do it!

 

long term prices move on fundementals

 

 

 

you still young to trade these markets,,,if you see a fall from 8$ to 5$ is Impossible ,,, what you think about the fall from 52$ to 2.53 $ in less than

1 year. .

 

 

I don't think in this current market fundamentals mean much. It's a crazy world out there and of course that would also depend on how and why you're holding. I'm a short term guy and I don't care about 6 months from now.

 

Then please stop trying to help you are not good at all. In fact you have been pretty worthless.

 

 

bravo!! exactly...esp with news like this!

 

IMF secures additional bank bailout funds

‎
 

Lagarde says European bailout fund should consider providing ...‎ Winnipeg Free Press
Will India contribute to European bailout?‎ Hindustan Times (blog)
Lagarde sees deal in making on IMF funding Coaxes emerging nations ...‎ Ottawa Citizen
CNBC.com
 

 

Analysts see Spanish bank bailouts as inevitable

‎
 

RPT-"Not if, but when" for Spanish bailout, experts believe‎ Reuters
Spain bailout only a matter of time, experts say‎ National Post
Spain's 10-year bond yield shoots past 6 per cent as fears mount ...‎ CanadianBusiness.com
GlobalPost- Press TV
all 2834 news articles »

 

 

 

 

 

 

I saw the avatar and read the post and while reading I'm wondering where did this new guy come from. We need a drink.

 

 

I see BAC is up a little AH.

I'm not really that bullish here on BAC. Today was interesting. Look how GS was moving today when the market tape was up, yet BAC was flat to down at some points today. Its going to most likely be slightly up tomorrow just cause Apple is going to drag the markets up a bit. Next down day on the market, i bet BAC is down 3% again.

U might be 100% right

Considering we never agree

I got weekly calls

I gotto dump none the less

Looking for sick dogs on the apple market pop to short

We got +1 % in AH

i still cannot understand the EU BANKS rise keep n eye out

If they add money bac pops up 10%

WHY ARE THE EU BANKS UP?!!!!!

 

can some one please update me

 

another 1-2%