Gentlemen we've taken our shots these last two quarters, but things appear to be looking up. Although I hate Germany for obvious reasons, our fellow financial brethren have recognized the moves we've made and have identified our organization as one on the up and up.
Theta Mutual has spoken and throughout Europe, the trend seems to be catching on.
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In the field of Personal Finance, clients typically follow their advisor. For example, if Jim worked for Edward Jones and was hired away to Smith Barney, I would probably move my money to wherever Jim was. This practice is common. I'm bringing it up because BAC began clipping low performing Merrill reps, as they stated that they would. Although the move negatively impacts the stock this week, it's certainly a long term move. The good news for us? We're on the verge of buying so we want the market to take punches for the next 48 hours. With unemployment figures due to be released this morning, the chances are the lull will improve our position to buy this weekend.
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