something that worries me, is that the market is starting to understand that we are not trading the S&L crisis, or the LTC Crisis, or the 2000 Recession........
and that what we are trading is more a Stagflation/ Secular Bear... Which means we could get some denial/inflation rallies........
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
Tuesday, February 19, 2008
lol
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