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 15, 2008

Where is that hole

Yep, Hours of CNBC.....analysis, enough to make me want to hang myself.

Why would you take analysis from a guy named TeraNova.... I would be just as good to take advice from some guy named T3raN()V/\ .... and I have two points, to back up why one shouldn't listen to him.

  • He changed his name to TeraNova
  • His parents changed their name to TeraNova
When asked "how do you invest in an environment where the credit markets are likely to lock up and stop all business"

he responded, "we may get that cathartic flush in the morning"

This is the problem..... I AGREE WITH HIM AND HE IS ALWAYS WRONG!!!!

WELL, I'm out to start digging that hole...... I'm thinking with gold prices so low, once I cash out of equities in the morning, I should get a deal. I'll head of to K-mart, Pick up a few firearms, a ton of ammo. The place where I pick up the gold, Right next to it I can pick up 6 months of MRE's.(Kidding, but it's how I feel...)

What I want is details about, how the CDS market is flowing.

What a fun game..... What has me even more worried is usually Teresa is much funnier, and that has me worried.

So as Antidote.....
UFO sightings connected to Large Hadron Collider experiment?

I'll be outside digging.

3 comments:

Chuck Boyce said...

enjoy your blog

fyi, there's a rumor all over twitter that says that AIG will declare bankruptcy tomorrow:

"Just down at Lehman headquarters and Associated Press reporter says that rumors are that AIG will declare bankruptcy tomorrow."

http://twitter.com/Scobleizer/statuses/922761567

Tony said...

Eric, good to laugh on such a day. Thanks.

Eric said...

Hi Chuck....

If It weren't a rumor, CNBC sure would be doing a bad job of spreading or creating it.

My bet is receivership by morning.

CNBC was saying they wont' last till WED.

the biggest problem is not knowing how it will fall in the cds market.

New Economic Indicators and Releases

What does Blue Horse shoe love?- Blog search of "BHL"

cnbc