..... The contrarian in my head says.... with CNBC as geared up as it is... and prep-ed for some big event...... I give a real tragic decline less that a 20% chance.... This reminds me when they geared up with a second by second monitor for oil at 100 and it took weeks...
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
Monday, March 17, 2008
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