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, November 28, 2007

Morning Wed Nov 28

3 month libor

Up slightly, I'm showing 5.062 from 5.062(seems like something is wrong maybe it's 5.07)
Maybe it's tapering off

Overnight Libor
Up segnificantly to 4.768 from 4.673

The Euro/dollar and gold are looking like we arn't going into hyperinflation....yet

1.4735 euro 797.85 gold cheepest they have been in 6 days. It would be nice to see 1.465 in the euro.

The last uptick was caused by that rumor that the fed was going to emergency cut.

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