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"

Friday, February 22, 2008

Interesting.

I saw a story about a hedge fund that the redemption's are going to take 2 years to unwind.

Umn..... does it feel like investors have had it... that with flat returns over 10 years.... they just want out, and are looking for other places to put their money... if not bonds, then invest in business, or commodities, or ... just other places than the "Shell game" of financial institutions... whether hedge funds or banks or anything.... people just want their cash.....

it's just an awareness that we are in a secular Bear.

Let's Heat it up and get trading.....

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