Bank of America Corporation Message Board

Buy it because the investment they made in their company will enable them to save $15 to $20 on a barrel of crude, and they will blow thru earnings without a doubt

When this bubble breaks no more bail out for anyone. The american people should protest and deliverance of money to this market. The debt that has been racked up is insane. 2.1 trillion for JPM and so on. The banks have never been fixed an the american family has been hit with high prices at every location.

the american people need to just keep thier money in the bank, eventually, the baksters will feed on each other if there is no new fresh money in the market. Let the Fed crash the dollar.

Lets put it into persepective. Do you want a hundred dollar bill or do you want a $100 in gold.

Just as the Republicans have resisted the democrats, the american people need to stay out of the market

Dow Jones Industrial Average: Then 14164.5; Now 14164.5
•Regular Gas Price: Then $2.75; Now $3.73
•GDP Growth: Then +2.5%; Now +1.6%
•Americans Unemployed (in Labor Force): Then 6.7 million; Now 13.2 million
•Americans On Food Stamps: Then 26.9 million; Now 47.69 million
•Size of Fed's Balance Sheet: Then $0.89 trillion; Now $3.01 trillion
•US Debt as a Percentage of GDP: Then ~38%; Now 74.2%
•US Deficit (LTM): Then $97 billion; Now $975.6 billion
•Total US Debt Oustanding: Then $9.008 trillion; Now $16.43 trillion
•US Household Debt: Then $13.5 trillion; Now 12.87 trillion
•Labor Force Particpation Rate: Then 65.8%; Now 63.6%•Consumer Confidence: Then 99.5; Now 69.6
•S&P Rating of the US: Then AAA; Now AA+
•VIX: Then 17.5%; Now 14%
•10 Year Treasury Yield: Then 4.64%; Now 1.89%
•USDJPY: Then 117; Now 93•EURUSD: Then 1.4145; Now 1.3050
•Gold: Then $748; Now $1583
•NYSE Average LTM Volume (per day): Then 1.3 billion shares; Now 545 million shares

What concerns me is the Corporation is not buying at these levels. There is no block trades to the upside. There is no conviction at this price. Instituional traders are not inteested there fore the only thing that can move this stock for the moment us SU

As for the market even though we hit an all time high, the same event is happening. There is no conviction buying on this ride up and there was no conviction buying today SIRI showed the most block trades, pretty bad for a DOW at an all time high. We should geta solid retracement from this level, all the way to 10200 or 9800 very shortly

JPM is on the hit list. Lets see, 40 billion in cash, 2.1 trillion in debt. The equivalent of having 2 dollares in your pocket and oweing 500..bye bye JPM. JPM is going to be bumped for cash in excess of 50 billion and they will have to pay it and if they don't they tank. Like Lehman Brothers........what goes around comes around

Oil Market is getting crushed. Historically this is what has happened, OPEC has always lowered the boom on the development of US oil production. Eventually it forces us to close our wells. I do believe that is the eintent of OPEC and we will see crude hit $50 to $60 a barrel. Whats this mean for VLO TSO HFC? All bad for sure if there is no profit in the crack spread. OPEC is going to elimate the profit for sure

carefull here, looks like we are going to make a new 52 week low, next stop could hurt

Markets can not be at 100 percent of value. They can be at 80 percent and be healthy with a 3 percent decline in GDP and another decline coming fair value for this market is 10200 to 9800 Even buffet agrees with this logic

markets can not be at 100 percent of value. They need to be at 80 percent in order to avoic a hard sell off. with the decline in GDP of 3 percent fair value for DOW is 10200 to 9800 which is not so bad

Goldman Sachs reduces risk taking. Markets can not be at 100 percent of value. With a 3% shrinkage in GDP and a 80 percent fair value for markets, we are looking at 10200 to 9800 on the DOW which is not all that bad