Archive for July 16th, 2009

Filed Under (Markets, Stock Ideas) by tradervic on July-16-2009

Simply amazing, maybe he saw what I saw in an excellent quarterly report from JPM today before he reached for his toalla blanca. Anyway, I strongly feel that Bank of America (BAC) will do OK tomorrow although it may be pinned to 13 based on the gargantuan options pressure. Only a barn burner-esque earnings report will free it from those shackles.

Disclaimer: I am LONG Bank of America (BAC) stock as of the posting date of this article. This post is merely to present an idea and not to try to persuade you to buy/sell any security within. Please do your own Due Diligence BEFORE making any trades.


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