I saw the Steve Liesman thing about the "meeting of the minds in Maine".
Hidden under the surface, was the garbled line about how "Their projections last year, were wrong. And the year before."
How useful is it that the guys wrong last time will be wrong this time too.
I was watching the weather channel. Weather for N.O. on monday "Windy"... Just to let you know.
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
Sunday, August 31, 2008
As much an idiot as I am.
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2 comments:
"Windy"-- now THAT is funny.
Oil down, baby. Did you fade it?
Hey Tony,
Only by being heavily long the market.
Probably not good risk management to walk into it short oil.
But being long refiners(VLO TSO) was a no brainer, they win both ways. Low oil they make money, high gas they make money.
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