Jay's analysis shows the deteriorating fundamentals for BAC. Now is a technically safe entry for a short position. It just broke through a line of support and tested it from the bottom. The line is now resistence. The next line of support is about $0.20 below and the next support under this is $0.60 below. Set a stop over the resistence.
http://www.screencast.com/users/J-So/folders/Default/media/06f6b2fd-a742-4a8e-98ab-04865cf35c2d
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