Tuesday, October 19, 2010

Shorting BAC here at 12, Looking for lower lows.

Short BAC at 12, looking foe lower lows.

-Weekly Chart is extremely compelling - relative Weakness
- Intra day weakness and compression
- UNCERTAINTY News -    Suit alleges failures by Countrywide to properly service loans. Pimco and
Black-rock are part of the consortium with the NY Fed. Unclear how much of this
has already been anticipated by
-Trends Traps Tradeable

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