Short BAC at 12, looking foe lower lows. Arguments: -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  |
Tuesday, October 19, 2010
Shorting BAC here at 12, Looking for lower lows.
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