Once this sequester is over heading into March (stress tests, divy increases, etc), market rally should proceed upward, albeit a bit slower (watch the VIX), BAC should march towards $13 by end of march, early april.
VIX will peak around 17.50-18.50 then it's time to allocate more into risk-on assets, as the VIX will once again gradually decrease.
BAC is a gift at these levels. I have 32k with an average around $8.05. I added some LYG this afternoon.