Fed bail out. How do you feel?

[Greg Pack]

I guess good information combined steel nerves makes a good investor. I'm too skittish......

 

[SCS]

I suspect it's more a matter of only investing amounts that won't bother me if I lose. I don't do a lot of stock picking. The bulk of my investments are well diversified and lower risk but I do take the occasional gamble on special situations, breaking news, and heavily beat up stocks but only with a small portion.

 

[Greg Pack]

More from Meredith Whitney:


http://www.bloomberg.com/avp/avp.ht...//media2.bloomberg.com/cache/vLq4nYeIDiYw.asf

 

[Greg Pack]

Ha! The falling knife bounced. Sold RF today at 9.495 for 18% profit. Enough for beer money next week,ayway.

Scott you may like this: It's more bullish on banks and has some good info:

http://dealbreaker.com/images/thumbs/Bovecommentarywhoisnext.pdf