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Non-Tech : Bank of America

BAC 53.56

-0.6%

Dec 9 4:00 PM EST

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To: Sr K who wrote (1325)	10/26/2009 6:07:12 PM
From: RussellGiraoM	Read Replies (1) of 4366

Dear investors, i may be wrong..but doesn´t this seen a situation..of been there done that..! The market in the short term is really a jungle...i think that in the jungle things are more rational!! Lets see..capitalists call the analyst and some journals like WSJ...bloomberg etc...and ask to bring short term panic... well panic comes and all gain...except the ones that sold of course...short trading becomes an excellent activity!! In the short term this market is ruled by the sharks... For day traders this is great too...and i don´t care in the long term...value is everything..and that is what BAC has! I think that the US government should put tight rules on analysts! and suspend short selling...in time of crisis. But we are not going to see that..powerful lobby at work...bigger than Bernie. We should all step back a timeline..and go long on BAC...go on vacation..it will be above 20$ in a month or two! These days everyone correlates oil,gold,dollar,and stock market... i love the talk..that the dollar is gone and a new world currency is needed!it makes me laugh..and that the correction today on the dollar and in the markets is needed... Dollar is oversold...next year the dollar will strenghten...and there will be no more correlations! The only true correlation is that the economy will improve...the dollar will be stronger..Bac´s earnings will rise in power..and the stock will be near 30$ Good investments Russ

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