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, April 30, 2008

have I posted my prediction.

They will cut nothing, and say... we are on hold.... not that we are done.... but that they are going to wait...

and may say...... we probably won't tighten....for some time.

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