Banks will continue to go up as they continue to upgrade each other. It appears the banks have been told they can not short each other so they can only make money on the long side. Pretty smart of Obama. Markets go up and the brokers get richer. May be unethical but smart. When it comes to water boarding that may have saved many life's that willnot be tolerated. Making decisions to help the majority of the people is not constitutional. All that rhetoric I heard when he won the presidency regarding change fooled me with the thought that it was for all the people. As actions speak louder than words the change was for his wealthy friends to assure they would be able to continue their wealthy life style at the expense of the people. Yes change has come. He has kept his promise.
Of course they did. How else are they supposed to sell their shares, when there is no genuine buying interest? Every day BAC is opened higher, run up early, then sold off to a price below the open. Then wash, rinse, repeat. It's a laundry cycle, and American investors are being cleaned out.