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, March 7, 2008

Morning

Fed cut by the open?

Irational fear by shorts, or irational fed.

Seems wierd the fed would be afraid of 11K..... It seems like a very rationaly "Med recession Level"........

I don't think it will happen.... My thesis last time was that if the Fed promiced a cut, Verbaly... they had to follow through or there would be a Crisis..... The empty promice was worse than none at all.

Not sure I have the where-withall to do much blogging

Fun fun fun

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