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Monday, December 19, 2011

BAC Breaks 4 Handle, Drags Entire Market Down

Tyler Durden's picture
Submitted by Tyler Durden on 12/19/2011 - 16:25 BAC

As definitive evidence just how fucked up this entire market is, here is what happens to the ES the second the infinite BAC Bid at $5.00 finally gets taken out. This is the ESH2. That's right - the entire market moved tens billions in market cap because the Plunge Protection Team just failed at protecting the "precious" $5.00 level.
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