Uhh, not so much ; )
-- I should know , I'm a client of both divisions BofA and Merrill.
The same old mantra , stay the course, killed employees of both, whose accounts were full of co. stock into 2007.
My intent going into tomorrow, breathe, breathe. And keep it to a minimum # of positions.
Let's see if this comment is right
Markets caught in such “selling squalls” rarely bottom on a Friday, he says, “giving investors the weekend to brood about their losses.”
That ensures they’ll show up the following Monday in “sell mode,” Saut said, which often leads to “Turning Tuesday.”
As to the Banksters piece,, 1) we all knew great efforts would be made to skirt regulations so it wouldn't be a surprise 2) there's always a contingent looking to blame a president (often fairly so). No need to remind us what resulted during the previous administration. My biggest gripe is the SEC non-starter attitude toward investigation and prevention of the remarkable excesses. These guys were drunk in the wheelhouse.
But I digress,,, I shouldn't even get started ;)
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