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"

Thursday, October 9, 2008

Brian Wesbury

I like brian wesbury. He was the first talking head, who I really agreed with....

I've long held that .... well that the "Lizard brain" thinks such short term... and the highly intelligent think longer term. But he sat and faught that Inflation that is created now shows up in 5-10 years. as we base our inflation on what is currently going on, the problem is the rates of 4 years ago. The reason we have low inflation at this moment is rates were at 5%... but in 3 years we will get higher inflation because rates are at 1.5%

sorry, so did I talk about what we need to do is catch the bears in financial in a bear trap.. making them place their bearish bets at low levels then squeeze them to the upside....

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