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It tries to rally and keeps getting selling pressure, just like BAC.Even with good news like Berkshire's today.Seems like no one has any confidence. They're warey of something.
I totally agree with you. The market is heavy right now, especially BAC. It's like we got a bag of rocks in the BACkpack right now. I'm holding tight until these get tossed out.
It seems like there is no fear in selling BAC on any rally attempt. It's so obvious when you watch the tape.I don't think it's just BAC, it's the whole market getting set up for fall I believe.