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BAC: Countrywide and Merrill mergers should boost the bank's profits

|Includes: Bank of America Corporation (BAC)

Dollar cost averaging on BAC is a great idea, now that shares have been stable.  Bought at 17.18 and wrote Nov strike 17 calls at .90/contract.  I will buy more at the proper support levels, if shares trend down.


Disclaimer: MD Capital Management owns BAC