MJTT

Big institutional buy spike at the end of the trading day for BAC, and because this was on my watchlist, I decided to pick it up @ $12.98.  So cheap it's pathetic.  With high expectations of the MER/BAC merger, people will pick it up until they merge and they die like all the others.  After this week, you wouldn't catch me dead with a position in anything.  I'm hounding the market like none other.

Don't forget:  I have positions in AAPL, CVX, and BAC; 75% short, 25% cash.  I'm watching this $SPX upward movement like a hawk watches its dinner.  Don't think it'll last, because it won't.

If I like it enough and it hits $5.20, I'll buy into GT.  Rubber productions are up for the month of December by 5% from the month of November, and, if you scroll down to yesterday's post, @ that level, GT would be ready for a positive move through its trends from the beginning of November.

What do I have to say?  Bring it on and DON'T get caught with your pants around your ankles...  No one wants to see that anyway...  And as always:

ZM