b_d

Still Too Early For Banks

If we wait until all eight of your points are answered, we will be here a long time........ Especially since the chance of the US righting the balance of payments will likely take decades. As you are aware, the markets usually look out 6 to 12 months and overall I think the worse is over - not that I would jump in with both feet, but some institutions are looking attractive; for example NLY. In any case I believe Cramer is talking about the larger institutions since he has repeatedly yapped about the amount of unknown write downs coming from the small to mid size banks.