Obviously BofA’s bold new attempt to attract customers must mean that they have TONS of spare cash sitting around and have written off whatever bad or decaying assets they had from the Countrywide merger. BofA must be on the verge of a huge share price run up as the largest home lender in the country makes a massive move to gain market share. Today’s 300+ move was only the beginning of a new bull market and as such evidence that all the smart money is now getting back into financials in a big way. Any and all financial stocks especially newly inovative ones like netbank or ones heavely into real estate like WaMu are the best bets.

In conclusion the current uptick in sales of houses is the beginning of the next bull market in all asset classes you can think of including beany babies, kindergarden paintings/artwork, and full tube 480p tv’s. SO BUY BUY BUY, and dont forget to stop by your local federal reserve bank office and get your free loan on all these asset classes so you can use 35X leverage and retire tomorrow.