BAC buy or sell

BAC update no trade went down thru stop of 7.10 in the first 3 min.The markets dont like Obamas speech.

 

Molly Hachett "Flirtin with disaster".
Funny what things, like speeches, show up in
forensic analysis.

 

Some members say: don't try to catch a falling knife, meaning don't trade against the trend.

 

Yet some members like to comment after the fact

FoN

 

You seem to be obsessed with "hindsight".

"Don't trade against the trend!". This is even wiser than when members say: "trade with the trend!". It has nothing to do with your "after the fact" comment.

 

Obama's good friend Warren Buffet, "who knows a thing or two about money", seems to think BAC is a good buy...

 

I'm not, but ET is.

I only look forward, never backwards.

FoN

 

Decisions, decisions.
Donald Trump was buying.
Buffett, nevermind.
Cramer said, buy at 14.
Now I just read where the
banks have to put together
a "living will".
I'm curious if any of the older guys here,
have seen something like this?

 

What, like someone who's been trading since 2008? Yes, I saw something like that: Washington Mutual. Got bought out for a buck a share by JP Morgan/Chase.

 

Warren B. is saying thank you to all sellers of BAC. See you in 5 years tripling his initial investment - at least.