Vince Farrel (I guess that is how you spell it) Just said... well the financial conditions are better than 1980... which is when we were experiencing out of control inflation. ex-inflation... or something. So, just saying this market is a little better than when we went into a 2 year bear and 2 recessions.
but it's good, currently... or something...
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
Wednesday, November 7, 2007
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