JP Morgan/Bank of America/ High Flyers Message Board

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Non-Tech : JP Morgan/Bank of America/ High Flyers

JPM 309.44

+1.3%

Oct 30 3:59 PM EDT

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To: Mr.Manners who wrote (25)	5/6/1997 4:14:00 PM
From: Barron Von Hymen	of 81

This one needs to hit 120 if it is to continue its upward trend. I am convinced that BAC is getting very tired of its bull move. If it doesn't break thru 120, it's going to enter a new trend, downwards. I don't believe the market analysts, bonds are going back to 7.25%, and BAC is going to get their pants sued off by the states of California & S.Francisco, and then the stock will head to 70 by July following Fed interest rate hikes. Watch the economic indicators, the red lights are flashing. And see that little spike in gold? Those are pro's leveraging for an upward move in gold, and downward movement in banks and bonds.

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