Still bullish. B of A already set aside billions for write-downs, losses, and lawsuits last year. This year's earnings should be better and if you hold the stock till next year I expect it to be a flying bull wearing a cape and a giant S on it. Buy low, that's now. B of A is not going out of business so buy and hold a year or two. If you wait till the PE is good the shares will be 20-30 each. You want to buy BEFORE that. Even if you buy just a five orr six hundred dollars worth at the current price, I would expect the profits in a year or two would pay for a nice vacation and you aren't even risking that much money.