Bank of America Leads Rally

Mar. 08, 2011 3:12 PM ETBAC
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InTheMoneyStocks.Com is a research and consulting company focused on mathematical proprietary techniques along with a key understanding of price, pattern and time. Through understanding geometry and other technical analysis methods, InTheMoneyStocks.Com prides itself on avoiding Wall Street hype while calling major and minor moves in the DOW, NASDAQ and S&P, commodities, currencies and stocks. Mission Statement: Our goal is to provide accurate and precise market guidance without the Wall Street hype.

 Everything is once again wonderful in the bankers world. Today all of the leading financial stocks are rallying sharply higher. Bank of America Corp.(NYSE:BAC) is trading higher by 0.63 cents to $14.66 a share. Traders should watch for intra-day resistance around the $14.75 level. Financial stocks are euphoric today, therefore, day traders must be careful on the short side.



Nicholas Santiago
InTheMoneyStocks.com

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