Is it time to be a seller of Bank of America?

Just in case I am thinking of cutting loss on my Bank of America position, during 1988–1992, Barclays traded around a p/nav of 0.88 for four years. However, once the UK property market (and the economy) turned, the Barclays share price went up 500% over the next 15 years (33% average per year). So, now is the time to be a buyer, not a seller of US banks.