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, August 13, 2008

materials

it's nice to play things with 1% volatility... instead of 10%....
The danger with some of the better names is that they have further they can fall before value guys come in.. .JPM looks Grim

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