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Monday, November 8

Closed LVS short. Will watch BAC for a buy soon.

Looking to add more BAC into my portfolio.

BAC could correct 2% from its large spike in the past 2 days. That will be a definite buy signal.

Watching STD too.  Banco Santander has fallen off a cliff ever since buzz about its impending IPO in UK took a turn when there was a change in leadership in its UK unit.

I see STD as a good buy soon to hedge against the falling dollar. If ever. The dollar rally could also be a reason that caused STD to tumble.

BUY STD, BAC at support levels.

2 comments:

Anonymous said...

Can you chart X and designate a good entry?

Anonymous said...

The pics of New York were a nice little addition to your blog ...

Mike

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