Bank of America Corp (BAC)

[JJ8]

moneymaker$, regardless of where we go in pps on Monday, one thing is clear and obvious (based on chart patterns)- BAC and the Larger Market are BOTH in DOWNTRENDS at this time.

My thoughts right now are just to observe and hang 'loose'.

I can 'see' several 'scenarios' given the current background. I don't see any one scenario as being particularly more likely to happen. Picking just one though interesting and for fun, given the current situation, I would rather leave at 'anything could happen'- both up and down.

I find it more interesting to observe the interplay of volume/pps relationship as it unfolds, on Monday and all the week rather than predict leaving my mind uncluttered with any expectation based on my own 'bias of ownership'. That would place me in a better position to interpret the 'psychological' aspect of what's going on behind the trading action, and what the technical data may be 'suggesting'. GLTY & GLTA

PS: Never say never especially when it involves the stock market or any stock