Replies to post #13045 on Bank of America Corp (BAC)

[pipedreamz76]

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

[Dan_78]

Even though the stock when higher after selling, I think I made a good choice. That sale gave me a 6% increase. I moved over to TSLA in the meantime and since yesterday, I'm up 4% so I'm good for now. As they say, take profits when you can get them.

Good Luck to All.

[JJ8]

Dan, in my experience, taking profits is among the most important of stock investing and money management skill. Profit is when it is REALIZED PROFIT and not on the books.

Personally, I do not care... when the stock I sold goes up. SOME WILL for sure. The goal is MAKING PROFITS and not trying to guess where the price of any stock is going, where is the top.

The GOAL is making profits and not trying to be right in catching tops or bottoms in price movements. Those are elusive and one can ONLY know looking back. I get my profit and move on.

I follow my plan and do not get involved in any chase... unless of course that happens also to be in my plan as a factor, in harmony with my goal suitable for my own specific circumstances. GLTU!