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, February 20, 2008

nap vs paper.

so, I should have read the paper this morning instead of my nap.....

Some idiot is under the impression that the "monline solutions" will mean a good resolution.

It's clear to me that every solution means MORE write downs for the bank than a bankruptcy.


the pain is wondering if I'm wrong, or if it's just taking some time for the market to figure it out.....

or if it's all a sucker move. one way or another.

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