Should I buy BAC?

if you are not sure about the stocks and the run of the market , Do not try to just take a guess ..I can give you the indicators I use that I trade on . short term buy and sells ..

1. goto freestockcharts.com  (use this site for this)

2. set the indicators for stochalstics. Leave it on the defalt settings . You will see 2 lines going up and down . Its hard to explain .. U will have a green line on top. (overbought) and a red line on the bottom (oversold)  When the lines get below the red line (oversold) its a good time to get in at a good price . Also when both lines get below that red line , you wait for the slow line to curl and it looks like its ready to cross under the fast line . This is a great time to buy . The stock will move in the opposite direction because it is now oversold .

3. another thing I look for is if the 50 day moving average cross below the 200 and the stock has been on a down trend for a couple of months I ignore the stock . If the stock is trading above the 50 and the indicators above are in line I like the trade a lot .

4. goto stockfetcher.com  its 8 bucks a month .. It will give you all the hot sectors and how they are performing for the yr , the month and week and so on. I start my screen to see what has made a good move for the week and screen the stocks in that sector . or when the market has been rough I see which sector has not taking a big hit as to the rest of the sectors ..

5. Look for news and financials .. If the companies last quarter was positive and the stock had a little sell off it might be time to buy because it is now oversold. Stochastics will tell you that .

To sum up BAC  its a day trading stock and those guys just snipe it on a daily basis ..

I just got out or Smart balance SMBL I bought it at 5.05 and sold at 10.45  I bought it when the CCI was down ticking and the stock was oversold and the slow line was just about to cross above the fast line on stochastics .. I got lucky in between there because there was news . smart balance was buying a small company . Thatsjust luck . but follow what I said above and you will make a profit . I trade part time , because I work full time , I make a nice profit each month , and I use a regular account from Schwab .. good luck any questions feel free to ask ..

I played the buy/sell game for a bit, made a little.  Now, I buy and hold, buy more and hold.  Not going crazy but think at these prices I'm in accumulation mode.  Want to have as many shares as I can when it breaks out.  Could be years. 

....p.s., the world could completely crumble up and this thing could tank, if it does stock ownership will be the least of our worries.

Blood Alcohol Content

mine is growing by the minute