Replies to post #17909 on Bank of America Corp (BAC)

[Wanka]

I don't think so at all. Bac trades with the market. And usually underperforms the market on bounces. Needs a catalyst to outperform. One would be increased interest rates but the fed is so all over the place. If the market does sell off, every stock is going with it. And not a little bit. That being said. I think 14s is a really good entry. I can't imagine the market staying down. I just think it wants to correct and needs it. Afterwards we go up to new highs. So if you're holding stock and can for a long time, you'll make money. If you can average down when things are crazy selling then I would. Id save a little in case it goes lower and then add. I would not be selling though if you can hold for a long time. Economy is getting better not worse.