Bank of America Corp (BAC)

[The Pup]

It has been ongoing for quite some time for sure. One should be very quick to "cover" in forthcoming days however. Buying and selling O.K., but shorting is a minimum of a RTR of 3-4 now. 5 is the biggest RTR we can compute on any algo. Quite a number of those we know are "stuck" underwater in BAC and cannot get enough $$$$$ out to day trade.At a 60% success ratio it would take some about a year to simply break even. Many are hoping for Glass-Stegall to be reinstated,allowing a spin off to profitability for a banking division. That and also a rescinding in Dodd- Frank to allow banks more flexibility. We agree to both in total! Meanwhile, if you are in the "Green" with BAc, by all means,...trard this "dinosaur".