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 2, 2008

Fade Manhatten

... someone just threw out a patriotic I love new York... bullshit...

Guess what... Just like every other industry... there will be a change where "wall street" decentralizes....video conferencing...the internet... people don't work at work.... and there is no reason to "trade wall street" from 10K a month apartments and condo's.....

that just makes you stupid...

certain amounts of "financial services" will have to be done from wall street.... but

"Yawn........" Wall street will suffer the same fate as the rest of the industries....

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