Mmmmmmmmmmad Monday Money !

Takeaway from today's bad/confusing Citigroup quarter:

- Trade out of Citigroup and into best-of-breed in each of its lines of business. For example, Bear Stearns, CBH, Ameritrade, Legg Mason, CIT

Other big financial supermarkets are likely to trade down on similarly disappointing quarters; people are looking for specialists, not GPs. Additionally, these big shops are growth-challenged, as evidenced by the large dividends. This market is looking for growth right now.