That news doesn’t seem to have affected the price of BAC right now. Everyone is expecting Wikileaks to release damaging documents on BAC… but what if it’s not them, and instead Goldman or JP Morgan? Man… that would be awesome!
S&P Withdraws Bank of America Short-Term Counterparty Rating At Firm’s Request
Submitted by Tyler Durden on 12/29/2010 10:22 -0500
Bank of America Transparency
Just headlines for now. We are confident this firm-solicited action to eliminated BAC’s counterparty credit rating is purely in the interest of shareholders and taxpayers, or both as the two tend to be equivalent, and purely for the benefit of transparency and openness. It most certainly has nothing to do with recent allegations that the bank has been fraudulently misrepresenting hundreds of billions of mortgages it sold to third parties.
Mercury is actually in retrograde now in Sagittarius and is nearing the end of its retrograde. On December 28,1773 which I have read somewhere was a crash date, Mercury was just winding up its retrograde period at sagittarius 22. I believe Mercury currently is doing the same around 20,19 degrees Sag.
Mars was in 3 degrees Capricorn on 12-16-1773. That I believe is also the location of Mars around 9-11 and some other recent wars. The Tea Partiers of course were Masons dressed up as Indians. Pluto was also in Capricorn then and 2008 marked the return of Pluto to Capricorn since the 1770s. Mercury was also in retrograde in Capricorn as it is now.
I’d rather have the pullback the first week of Jan, than in Feb—the longer the pullback gets put off, the stronger it will be. use—Moore’s law :)—to get the exact percent.
Dow Jones Resistance levels
http://niftychartsandpatterns.blogspot.com/2010/12/dow-jones-resistance-levels.html
That news doesn’t seem to have affected the price of BAC right now. Everyone is expecting Wikileaks to release damaging documents on BAC… but what if it’s not them, and instead Goldman or JP Morgan? Man… that would be awesome!
red,,,this is just in….
S&P Withdraws Bank of America Short-Term Counterparty Rating At Firm’s Request
Submitted by Tyler Durden on 12/29/2010 10:22 -0500
Bank of America Transparency
Just headlines for now. We are confident this firm-solicited action to eliminated BAC’s counterparty credit rating is purely in the interest of shareholders and taxpayers, or both as the two tend to be equivalent, and purely for the benefit of transparency and openness. It most certainly has nothing to do with recent allegations that the bank has been fraudulently misrepresenting hundreds of billions of mortgages it sold to third parties.
Yes, it looks like we go up again San. It seems it’s not enough to just shoot the bears, they have to stab them repeatedly to ensure maximum pain.
I’m just glad I’m sitting in cash and not shorting this thing yet. As the old saying goes “never short a dull market”.
ES Chart before opening bell
http://niftychartsandpatterns.blogspot.com/2010/12/s-500-futures-before-opening-bell_29.html
Mercury is actually in retrograde now in Sagittarius and is nearing the end of its retrograde. On December 28,1773 which I have read somewhere was a crash date, Mercury was just winding up its retrograde period at sagittarius 22. I believe Mercury currently is doing the same around 20,19 degrees Sag.
Mars was in 3 degrees Capricorn on 12-16-1773. That I believe is also the location of Mars around 9-11 and some other recent wars. The Tea Partiers of course were Masons dressed up as Indians. Pluto was also in Capricorn then and 2008 marked the return of Pluto to Capricorn since the 1770s. Mercury was also in retrograde in Capricorn as it is now.
I’d rather have the pullback the first week of Jan, than in Feb—the longer the pullback gets put off, the stronger it will be. use—Moore’s law :)—to get the exact percent.
My grass grows 0.5%, every night!:)
Thanks, dziemer—