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, December 5, 2007

Damn... Nice Rally

Moral Hazard...

So, the market doesn't skip a beat when it comes to Super Siv's, and bank Bailouts....

Fed Rate cuts.

But the Borrowers..... and people preyed upon by countrywide and Citi....

Now there is a moral hazard....

The moral hazard has been years of bailing out Big bloated uncompetitive(noncompetitive) businesses.

ok.... asuming we don't get higher.... Range bound 13400-13200 Rest of the week.

No comments:

New Economic Indicators and Releases

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

cnbc