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"

Tuesday, October 14, 2008

BAT BOY LIVES!!!

Boca Raton-based tabloid publisher American Media Operations Inc. has sold its late, wacky Weekly World News to Bat Boy LLC, an investment group that promises to restore the fake-news pub to its rightful place in the pop culture pantheon.
Weekly World News (motto: "The World's Only Reliable News") already has been revived online. Among the headlines on the Web site Monday:
"Obatma!" featuring Barack Obama with a bat-eared half brother;

"Keating Five Reunite for Basketball Game,"
which includes a doctored photo of John McCain in a hoops uniform; and "Palin Bags a Bigfoot," which shows the vice presidential candidate and her infant crouching by a downed Sasquatch.http://www.weeklyworldnews.com/wp-content/uploads/2008/09/palinkillsbigfoot.jpg

4 comments:

Tony said...

Traders are going to come back from lunch and sell financials. I don't have a reason, I just feel it.

It just feels they've run too far.

Eric said...

Would it help if I said you were in aversion stage....

Maybe, but the market won't let you buy at yesterdays levels.

Tony said...

You're probably right, but I was thinking more reversion to the mean on a short term basis.

Eric said...

We are preped for that "aversion stage". one would think we are in a more "wall of worry" for now.

But I sort of agree, we may see some "base building" or digesting gains for a day or so....

or we are going back to hell

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