Bank of America Corp (BAC)

[leucro]

There will be a decline, I have no idea what data you are tapping into that would suggest the market would just climb without any retracing from Dec of last year and through this entire year, that simply won't happen and the retracing will take place any day now. I'm not saying it will be a big one but enough for me to cover my position without losing much, breaking even or possibly taking a very small profit although I wouldn't wait for it because as soon as I could break even or take a small lost on the trade I would exit. I made a mistake in thinking I could short it at the top after missing the rally but that doesn't mean either that I'm going to cover and buy at an over inflated price. As a trader that would just be too irresponsible of me.

BAC