Bank of America Corp (BAC): If we see strong results out of Wells Fa...

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Re: JJ8 post# 13045

Thursday, 10/11/2012 11:40:59 PM

Thursday, October 11, 2012 11:40:59 PM

If we see strong results out of Wells Fargo and JPM tomorrow morning, I believe it will pull the banking sector up with them. I will be closely watching for a break of 9.50 and if so, play the 9.50 calls for a quick scalp. On the other hand, if we get poor results from those two, I think we have a nice shot at playing the 9.50 or 9 puts for a drop under 9 tomorrow. JMO

If you are going to believe what the other guy said, let me sell you some stock.

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