- Bank America looks like its going to a hat size. One money manager has said he pulled assets from BAC as the integration with Merrill looked shaky. The financials could lead us back down and having BAC go below $10 would be ugly, ugly.
- Barclay’s is suggesting that Moody’s may downgrade GE’s debt after earnings release. That idea is pressuring both GE’s shares on huge volume in an oversold market.
- Both GS and GOOG green……for now.
