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, September 26, 2008

3 stupidest things I've heard this cycle

I was out walking this morning... ya, I didn't run because... well I have been good about it, and don't want to over do it... and I seem to some mornings be to fatigued to run some mornings.

But 3 stupidest things I've heard.

  1. Decoupling of either Wall street from the U.S. Economy. Or the the U.S. economy from the Global economy.
  2. Economeisters that say "Economic Armageddon... Except materials"... I hate to say this, either it's economic Armageddon or not... Armageddon does not make exceptions.
  3. that "Wall Street and Mainstreet are somehow disconnected"... this is just asshatery.

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