Sure, Friday was rough, but within the larger picture, the Dow is right in the middle of a trading range established early this year. Personally, I’m viewing it as the start of a buying opportunity.
Speaking of buying, let’s look at 2 stocks I started acquiring the past few days. The first is bank of America (BAC: 7.74, -0.26, -3.25%). I figure as long as my ATM there works, they’ll be in business. Besides, it’s down pretty good so far, so I started inching in. It certainly can drop more, and in that case, I’ll buy more!