haha
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Looks like stocks shoot up as well as down-WFC up 25% so far today! And their profit was down, their loss loss provision increased. Only revenues were better than expected. However, they did give a good dividend raise.
I am happy to say that at present, WFC is my only bank stock. I am down to 12% fixed, plus another 3% "enterprising fixed" such as beaten down corporate inflation adjusted bonds. So, if we get a good hard rally, I'll look to lighten up once more in a tax-deferred account. It shouldn't take long at 10%/day.
While it has been easy to be transfixed by the distress in credit markets and banks, there are a lot of other cheap stocks out there. And of course many not so cheap.
Ha
I am happy to say that at present, WFC is my only bank stock. I am down to 12% fixed, plus another 3% "enterprising fixed" such as beaten down corporate inflation adjusted bonds. So, if we get a good hard rally, I'll look to lighten up once more in a tax-deferred account. It shouldn't take long at 10%/day.
While it has been easy to be transfixed by the distress in credit markets and banks, there are a lot of other cheap stocks out there. And of course many not so cheap.
Ha
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