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 15, 2008

Morning all

I'm surprised we aren't trading up this morning, fuck the news. it's options expiration.

For a couple seconds my ticker was showing the SKF trading at 112... I was going to buy all I could get. Then Realized I wasn't getting a stream.

This FGIC thing is stupid. Not that I have a long history of understanding Corporate welfare... but I do know that as a White old CEO making Billions, you are more likely to receive assistance from the government that you are if you are a Poor Black woman with Kids.

But... Nice when you can move the Losing part of a company from the winning part... and split it off..... How the hell does that work......

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