Thu, May 23, 2013, 6:28 AM EDT - U.S. Markets open in 3 hrs 2 mins
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BAC may be a 25++ stock but it will go way up and way down on its way to that point..,
I will take the other side of that. so many people think its going to 20+, thats why it will correct. makets trade symetrical to chart patterns and fibs. if you get a 50% retrace from todays high look for high 14's next week
As long as you don't get a margin call, this is one of the few stocks (the other being JPM) that you can average down into, knowing you will be bailed out sometime down the road :-)
Agreed, and that is the natural movement of stocks as they both rise and fall.HT