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Bank of America Corporation Message Board

  • i_need_the_money_too i_need_the_money_too Apr 6, 2012 9:42 AM Flag

    BAC will open UP Monday

    Got your attention, didn't I.

    I don't know if BAC will open up or not. The one thing I know is that investors have very short attention spans, and focus on what is going to happen next, not what has happened already.

    By Monday morning the employment numbers will be old news and we are on the doorstep of earnings season.

    I haven't heard anyone giving dire predictions about earnings. In fact the huge rise in stock prices the first quarter are due to higher earnings expectations.

    Could the market and BAC be up Monday ? You bet.

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    • The bottom line is unemployment rate is now at 8.2% (a three year low!). Wall Street is saying it's because some people gave up looking for jobs and that's way the report is low. I say that are spinning it that way because they want QE3.

      In this corrupted/manipulated market, greeds will kick in again and earnings have a history of taking "most" stocks up!

      I am ready to scope up more shares "if" BAC drops a bit.

    • All the bad is behind now. Tough stress test passed with large buffers. BAC is not going anywhere but UP. Anyone who doubts? Read filings for yourself.

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