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No. Why would BAC trade higher? So much crippling debt from NPL and CC Defaults; where's the Beef? So to speak.Show me a house for sale, and I'll show you a BAC underwater loan. Nuf said.
All I can show you is that you are wrong - markets are irrational a lot longer than you and rational too...let the numbers do the talkin' 1760 yen = $18.87http://online.wsj.com/quotes/main.html%3Fsymbol%3D8648%26type%3DjptseBye