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"

Monday, September 22, 2008

Bespoke Quotes 87 crash and great depression.

After a weekend that many on Wall Street wished would last forever, investors were hoping these volatile markets would show some signs of stability after last week's craziness. Better luck next week. With a decline of 3.27% today, the Dow just registered its fifth 3% day out of six trading days. Only the '87 Crash and the Great Depression saw such short-term volatility in the markets.



I know I wanted the weekend to last forever.

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