I'm a dividend ONLY investor. I own a little TRST, its not my favorite bank but earnings/revenues are holding up. The market "appears" to be in an 1100 (actually dropped to 1075) to 1200 (hit 1225) trading range. If were headed back down near that low I'm sure all stocks including TRST will have a better entry point.
Bad move. stay away from all banks at this juncture. Do not get sucked in by the dividend yield. buy VZ or VOD, or AZN there are alot of quality stocks paying a higher dividend.
Wait till the Euro mess settles. Imagine Europe wants the rest of the world to help pay for Greece. Yeah right. Its their mess. We paid for our mess, sub prime, derivatives etc. Im expecting the Euro to break up and financial collapse to occur as a result, maybe even a war as a result. good luck.
My goodness, what a cheery outlook. Do you think it will be a war that the USA can stay out of? Maybe we could hire Canada to do the next war for us. They'd have to institute the draft, and maybe even 100 yr old ALM would get conscripted.