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Bank of America Corporation Message Board

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  • cgptmsi cgptmsi Jul 15, 2009 4:35 PM Flag

    Just shorted BAC at 13.47 outright

    With the 11,831,000 purchase at 13:42 at 16:00:45 looks like someone with some cash is betting different. The 20Day Moving average just crossed over the 200Day Moving average which is a VERY bullish sign. I would suggest having your finger on the COVER button over the next few days! Just so you know... I have been shorting and buying at the bottom since May so I don't care which direction it goes.

 
BAC
14.88+0.18(+1.22%)May 27 4:01 PMEDT