BAC Price Action Lately

Discussion in 'Stocks' started by diablo11, Oct 22, 2012.

  1. Anyone been watching/trading BAC the last couple days? Up until a week or two ago a 10 point intraday drop in the S&P would mean a Quarter drop in BAC, last couple days its been bid up through the daily drops and today ripped up when the S&P bounced off that 1425 support. Even with the heavy selling on Friday BAC was up for most the day. The price action has been strong, I believe as BAC goes so do the broad markets, this index bounce will hold in my opinion based on the way its been trading. My 2 cents.