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BAC - Bank of America - Page 310

post #6181 of 6817

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

post #6182 of 6817

 

Quote:
Originally Posted by steadyup View Post

 

 

6% drop is 40% less than the 10% you predicted...so not really that close at all. You described heavy volume drops last week but there was no such volume to be found. You made a call (4.92 by May) now explain your rationale b/c other than that your posts are just jibberish. At this point if it did go to 4.92 you would still have no credibility b/c you can't explain why you think that. "My charts never fail me"....who are you man? you should be doing Dos Equis commercials.

 


DAX.JPG

 

I am here to help not to arguesmile.gif

post #6183 of 6817

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.

post #6184 of 6817

 I am here to help not to arguesmile.gif

 

 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

post #6185 of 6817

 

Quote:
Originally Posted by steadyup View Post

watching this sh*^ on a daily basis is THE major risk to my portfolio. I bet if I were to go into a coma 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.

 

 

Did you just figure this out? laughing.gif

post #6186 of 6817

 

Quote:
Originally Posted by DAX View Post

 

 


DAX.JPG

 

I am here to help not to arguesmile.gif

 

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?

post #6187 of 6817

 

Quote:
Originally Posted by ze20001984 View Post

 

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.

post #6188 of 6817

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...

post #6189 of 6817

 

Quote:
Originally Posted by ze20001984 View Post

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.

 

post #6190 of 6817

 

Quote:
Originally Posted by steadyup View Post

 I am here to help not to arguesmile.gif

 

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

 


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$ duh.gif

post #6191 of 6817

...sorry..keep drawing those lines

 

billions of people do it!

 

long term prices move on fundementals

post #6192 of 6817

 

Quote:
Originally Posted by ze20001984 View Post

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...

 


laughing.gif

 

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. .

post #6193 of 6817

 

Quote:
Originally Posted by ze20001984 View Post
long term prices move on fundamentals

 

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.

 

post #6194 of 6817

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

Quote:
Originally Posted by DAX View Post

 

 


DAX.JPG

 

I am here to help not to arguesmile.gif

 

 

post #6195 of 6817

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

 

IMF secures additional bank bailout funds


 

World Socialist Web Site - 1 day ago
By Nick Beams Two key features of the world economy emerged clearly from the spring meeting of the International Monetary Fund and the World Bank, ...

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


 

Globe and Mail - 17 Apr 2012
... but some are near certain that Madrid will eventually seek a multibillion-euro bailout for its banks, and perhaps even for the state itself.

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

post #6196 of 6817

 

It was a question, not meaning to insult you. You don't want to argue then you yell at me in bold and give me one of  these duh.gif.  Whatever man.....nice chart. Still doesn't explain how and why you think it goes to 4.92. Using your rationale, "As every trader think that 7.76 - 8.20  4.92 is a good support area,,, they will sell off million of shares at this range and continue heading to 7 0$"

 

Quote:

Originally Posted by DAX View Post

 

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$ duh.gif

 

 

post #6197 of 6817

 

Quote:
Originally Posted by ze20001984 View Post

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

 

IMF secures additional bank bailout funds


 

World Socialist Web Site - 1 day ago
By Nick Beams Two key features of the world economy emerged clearly from the spring meeting of the International Monetary Fund and the World Bank, ...

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


 

Globe and Mail - 17 Apr 2012
... but some are near certain that Madrid will eventually seek a multibillion-euro bailout for its banks, and perhaps even for the state itself.

RPT-"Not if, but when" for Spanish bailout, experts believeReuters
Spain bailout only a matter of time, experts sayNational 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. laughing.gif

 

 

I see BAC is up a little AH. thumbup.gif

post #6198 of 6817

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.

post #6199 of 6817
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%
post #6200 of 6817

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

 

can some one please update me

 

another 1-2%

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