Showing posts with label Darvas. Show all posts
Showing posts with label Darvas. Show all posts

Sunday, September 11, 2011

Analysts are wrong - Buy Bank of America in 2008

Out of interest's sake I have been collecting Standard & Poor's "Stock Reports" on several securities over the past four years. This has really emphasized the point that you should never buy stocks based on stock reports! Always, always, always, listen to price action. Bank of America (BAC) illustrates my point.