Posted by: tyrannyoflogic August 27, 2011
Stock Market porn - How the markets are fixed
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Warren Buffet  did not save anyone. Who said he saved anyone? The headlines were just  a figure of speech
.....The only thing he did was, he called the bottom on the bank of america shares...from where he could make a profit

Now if this was some illuminati shit or something it would not be on the media...of course you can twist it around to make it so...
like Rosa parks relating to communists , relating to cold war , relating to to london.....

Conspiracy theories are for amusement which is why they are on National Geographic rather than on the news.

Henry Makow had a PHD in English Literature, "Literature" being a key word here....need I say anything more...

By the way I had also sorta called a bottom on BAC , here's my exact statement when someone asked me where I would buy BAC,

"Not that I would buy it right this minute ....but here's what i came up with ...looking back at charts from early 2009 for BAC ...it does not even make that much sense either but here's the best i could come up with ...

the price its trading at rt now is kinda in the middle of nowhere or nothing indicative...could go either way

as far as supports and resistances .... this stock hasn't spent time  in this range for much so it is hard to tell supports and resistances

only if the 6s hold , entry would be around 6.00 to 6.10 , with a stoploss that WILL execute (not just a mental stoploss)  at 6.00 cuz this stock has seen 3s too ... if it goes lower you can always rebuy it at  4s or  3s

even with that i think its pretty much a gamble right now, but given it is one of the biggest banks it has got to rebound and any bigboard stock if held for a year or two is gonna give u returns even though it might be jst because of the inflation "


I posted this on 8/8/11, Check the charts for BAC after that, especially the Tuesday, August 23rd chart.

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