I mentioned that the 3month was up but the 6month and 1 year were down. as I sit this afternoon, all bonds are up, specifically the 3month and the 2 year. Even the 10 year is creeping up.
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
Thursday, September 25, 2008
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