BAC buy or sell

[simpletrade]

BAC update no trade went down thru stop of 7.10 in the first 3 min.The markets dont like Obamas speech.

 

[J Ski]

Molly Hachett "Flirtin with disaster".
Funny what things, like speeches, show up in
forensic analysis.

 

[baro-san]

Quote from J Ski:

Some ET members said it was going to zero.
Recent price action has it at $8.39.

Some members say: don't try to catch a falling knife, meaning don't trade against the trend.

 

[FreakofNature]

Yet some members like to comment after the fact

FoN

 

[baro-san]

Quote from FreakofNature:

Yet some members like to comment after the fact

FoN

You seem to be obsessed with "hindsight".

"Don't trade against the trend!". This is even wiser than when members say: "trade with the trend!". It has nothing to do with your "after the fact" comment.

 

[davideford]

Obama's good friend Warren Buffet, "who knows a thing or two about money", seems to think BAC is a good buy...

 

[FreakofNature]

Quote from baro-san:

You seem to be obsessed with "hindsight".

"Don't trade against the trend!". This is even wiser than when members say: "trade with the trend!". It has nothing to do with your "after the fact" comment.

I'm not, but ET is.

I only look forward, never backwards.

FoN

 

[J Ski]

Decisions, decisions.
Donald Trump was buying.
Buffett, nevermind.
Cramer said, buy at 14.
Now I just read where the
banks have to put together
a "living will".
I'm curious if any of the older guys here,
have seen something like this?

 

[Roark]

Quote from J Ski:


I'm curious if any of the older guys here,
have seen something like this?

What, like someone who's been trading since 2008? Yes, I saw something like that: Washington Mutual. Got bought out for a buck a share by JP Morgan/Chase.

 

[ASusilovic]

Warren B. is saying thank you to all sellers of BAC. See you in 5 years tripling his initial investment - at least.