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Non-Tech : Bank of America

BAC 56.25

+0.5%

Dec 24 4:00 PM EST

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To: Keith Feral who wrote (1909)	1/22/2010 7:34:06 PM
From: Qualified Opinion	Read Replies (1) of 4366

I'm leaving the thread for an indefinite period of time. I don't want the short term clueless traders to take advantage of real information. I bought shares today and will be looking forward for more shares at cheaper prices. Take care ! Heads up: Merrill Lynch's structured notes should add to the bottom line so far this quarter. Spreads are widening. Excerpt: The difference between the cost to buy protection on the bonds of Bank of America Corp. and those of its Merrill Lynch brokerage unit reached the widest level in six months. Credit-default swaps on Merrill Lynch jumped 15 basis points to 150 basis points, according to broker Phoenix Partners Group. Contracts on Bank of America fell 3 basis points to 120, pushing the gap to 30 basis points, the widest since July 7, CMA prices show. Excerpt: “Merrill is most definitely not for sale,” Bank of America spokesman Scott Silvestri said by e-mail. bloomberg.com

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