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To: yard_man who wrote (78325)8/4/2003 1:08:28 PM
From: The Freep  Read Replies (1) | Respond to of 209892
 
Tip -- I think BAC is a fine bank proxy, but I'm curious about your timing. You obviously don't think today's rally off the lows holds, cuz at the moment, the BKX and most of the financials I'm watching have a great reversal that looks hammer-esque at the moment... many with spikes well below the lower bollinger band. In other words, a good place for a reversal, even if it only lasts a few days.

So... why now? You think today fades? Or you just want in no matter what?

the freep