Stock Market PvP

[Thudz]

We may be headed for a pullback, but I think banks should do well from now on. Now we can be fairly sure they won't fail, and we have a fairly good idea of there potential losses, they are going to be earnings machines.

There was a good article this month's Kiplinger's about Wells...let me see if I can find it online...here it is:

http://www.kiplinger.com/magazine/archiv...value.html

They think Wells could well go to $40-50 by the end of the year - not bad. And Whitney Tilson is one of the best fund managers in the business.

I hope you're right since all of my clients are banks but I'm seeing the struggle first hand with alot of these mid to small cap banks. We've lost a couple clients because they can't sustain themselves on their own and are being gobbled up by larger banks that already have cash managements systems in place. I still fear the worst is yet to come and I hope there isn't a bigger bailout in the future. I say this even though my job is directly in the line of fire.