Bank of America, a major bank and institution that employs tens of thousands and a true predictor of the economy, announced a horrible earnings report today with their profit falling 77 percent. One would think that this would send futures deep into the red, but its only red by a few points. Even the worse of news hardly effects the indexes nowadays. Its now time to get in on the stocks that will take us higher, much higher. Goog and Bidu
Welcome to my ignore list: http://www.elitetrader.com/vb/member2.php?s=&action=addlist&userlist=ignore&userid=100147
Thats all I trade BIDU and add some Fertz and Steel. Great action on BIDU up 16 points 356 the stock can sprint to 400 before earnings on April 24th 2008.
1. Do not fight the Fed sponsored rally- do not fight the Feds period 2. Do not fight the tape- it will cost you money. 3. Do not fight with yourself- let the price and volume dictate your actions