Eight Reasons Bank of America Is Going to $20 [View article]
I'm a trader. I've been basically playing the banks from the short side for months doing OK.
Yesterday, I covered and dabbled on the long side but went home flat. I've been truly frightened by the volume on these banks that everyone's talking about (C,BAC,WFC). When you see hundreds of millions of shares trade and the volume is outstripping average daily volumes by three or four times it sharpens my attention.
I know nothing about fundamentals but Jason, there's a turn going on.
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I'm a trader. I've been basically playing the banks from the short side for months doing OK.
Feb 21 19:05 pm
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All Comments by billp70964 »Eight Reasons Bank of America Is Going to $20 [View article]
Yesterday, I covered and dabbled on the long side but went home flat. I've been truly frightened by the volume on these banks that everyone's talking about (C,BAC,WFC). When you see hundreds of millions of shares trade and the volume is outstripping average daily volumes by three or four times it sharpens my attention.
I know nothing about fundamentals but Jason, there's a turn going on.