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"

Wednesday, October 24, 2007

More dumb shit

Floor Trader:

"like .... it's not that the fed has anything to do before the 31st, I just don't know why they don't cut now."

I heard a smart thing.

If you adjust the S&P for the weak dollar, it has traded flat for the year.

(point being you would be better in the Euro than in the S&P this year. and if the fed cuts, it will be even more true.)

No comments:

New Economic Indicators and Releases

What does Blue Horse shoe love?- Blog search of "BHL"

cnbc