Friday, January 23, 2009

Update Stock Alert #2

For Tuesday:

Bank of America Symbol: BAC
Buy Alert: $5.55 (Reached)
Intra-Day Sell Point: $6.25 (Not Reached)
High After Alert: $5.55 (+0% from alert)
Close: $5.10 (-8.8% from alert)
Info:
So although on Tuesday, if you had sold to stop your losses, on Wednesday the Inta-Day Sell Point was reached, and beat by a significant amount. High for Wednesday was $6.70 (Up 20% from the buy point)

Wells Fargo Symbol: WFC
Buy Alert: $16.00 (Reached)
Intra-Day Sell Point: $17.00 (Not Reached)
High After Alert: $16.00 (+0% from alert)
Close:$14.07  (-13.7% from alert)
Info:
Like Bank of America, if you had held on to the stock through the end of tuesday to the middle of wednesday, you would have actually made a gain, although the IDSP still has yet to be reached since the Buy Alert on Tuesday and is now back down to $15.20. On Wednesday WFC's high was $16.75

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