Financial history doesn't repeat itself, but it often rhymes. You can't be stupid enough to trade off anything I say.... I'm lucky they let me out of the straight-jacket long enough to trade.

J. P. Morgan

"Sell down to your sleeping point"

Monday, September 24, 2007

When did I start hating Erin Burnett.....

why are the most bullish people on this market the youngest on cnbc.

Cramer says "stock is undervalued when it trades up on bad news"

I wonder, does it also trade up on bad news when it's in a bubble. Everyone knows this bullish cycle is coming to a close. And Yet, stock will go higher.

Some guy was on this morning, "well the rate cuts will keep the stock going up till 15500. They just don't get that what causes the rate cuts are bad news for the economy. once that cycle gets going strong, we trade down.

someone also said today that "it's strange, this market is acting like this is just a market event, and not a coming recession."

Erin just said "HALO Three could be bigger than starwars."

Ok, there is no way in Hell. I will bet anyone, starwars is a multi billion dollar industry

the star wars movies in "box office" not merchandising, licencing, video, video games... etc. Just the box office was 4 billion, and that is not even adjusted for inflation.

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