tag:blogger.com,1999:blog-12333088.post6002843786559884852..comments2023-11-10T05:07:19.026-05:00Comments on Carl Futia: Headed higherCarl Futiahttp://www.blogger.com/profile/01624989905417650273noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-12333088.post-56277821659270055882010-10-21T20:38:12.926-04:002010-10-21T20:38:12.926-04:00IMO , BAC is setting up as a decent contrarian tra...IMO , BAC is setting up as a decent contrarian trade, albeit with a reasonably tight stopMKShttps://www.blogger.com/profile/06792591935160834398noreply@blogger.comtag:blogger.com,1999:blog-12333088.post-88261734587978167642010-10-21T16:11:06.439-04:002010-10-21T16:11:06.439-04:00Hi carl
im wondering if the banking sector is sett...Hi carl<br />im wondering if the banking sector is setting itself up for a contrarian trade . specifically BAC it tested its 50 percent retracement to just about exact sentiment is bearish , it is in the news due to forclosures and volume is begining to tick higher <br />there was a spike coming into the low and im wondering if you could begin tracking the banking sector and possibly touch on this stock .<br />i do realise that individual stocks are more difficult to track compared to the indexes yet bac is at an interesting junture in my opinion and bears consideration .<br />time wise maybe it just goes sideways for a few more weeks yet price wise if this is a reversal in the making the 11 dollar level should hold . <br />joeAdsensehttps://www.blogger.com/profile/08031892140855200123noreply@blogger.com