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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives
SPY 689.100.0%Jan 23 4:00 PM EST

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To: Qualified Opinion who wrote (41533)12/10/2012 2:03:22 PM
From: Fintas2 Recommendations  Read Replies (1) of 222355
 
AHH the key words. GOVERNMENT approval. The same gang that was attempting to coerce them into decisions BAC didn't want to do and basically said GFY.

As a result the stock of BAC and others were taken down in 2011. BAC didn't get the green light re review and could not raise its dividend. TIME has proven BAC was ok in 2011 and continues to approve.

I liken BAC to what some were trying to do with GE as they yanked it under 6 amongst diatribe upon diatribe concerning IMMELT. As we have seen so much for bashing GE.

And as we are seeing so much for trashing BAC. It's not if it's going to 14/16/19 just when. Faster than most understand when one considers abnss. Get the govt out of this or have them just ease up a bit which I believe they will be forced to do with all of them to ensure this economy turns. If so then banks will be a place to be.

IMHO

Fintas
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