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techcharter

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Alias Born 06/03/2004

techcharter

Re: None

Friday, 06/25/2004 9:04:52 PM

Friday, June 25, 2004 9:04:52 PM

Post# of 51804
Short play: Bank of America (BAC)

BAC looks to have completed an ending diagonal from June 14, 2004. The Stochastics and MACD are giving sell signals too.

http://stockcharts.com/def/servlet/SC.web?c=BAC,uu[w,a]dacayyay[dc][pb50!d20,2][vc60][iLp14,3,3!La12...


BAC also has completed a multimonth ending diagonal from December 2001, and high $30s. Two ending diagonal patterns is very bearish

http://bigcharts.marketwatch.com/intchart/frames/frames.asp?symb=bac&time=&freq=

Forecast: sharp sell off over lasting the next several months.

GO SHORT!!!
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