In any case, Bank of America announced after hours tonight their intent to repay TARP funds within the next fews days via convertible share issuance and cash on hand payment. While I have absolutely no idea how the market will react, initial after hours trading pushed the stock [and XLF] higher. For anyone like me with no position, you will note that BAC [and for that matter XLF] has formed a triangle and a break higher or lower with increased volume should run for about a $3.50-4.00 swing trade [$2.50-3.00 for XLF]. Time in the market about a week. Place your stop above/below the breakout/down area to limit capital risk and happy trading.