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BAC daily.


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#1 ogm

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Posted 16 August 2007 - 01:18 PM

If the financial system is about to collapse.. this chart shouldn't look like this.

It has toped before the market topped, but it has also bottom while the market was falling apart.

This looks like a very solid bottom on a chart of one of the major banks in this country... I'll take a guess that the financial system is pretty safe for the moment.



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#2 ogm

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Posted 16 August 2007 - 03:12 PM

Broke the neckline on close. RECORD volume. 68 mil shares. Crazy stuff.