I was fairly fucked off about it.... but You know, what can you do?..... I'm awful on the phone.
But it's just .... The amount of pain people are in. I can completely feel for them. They have lost 40% of their retirements, After losing 40% of them in 2000. getting most of that back.. and maybe a little. Getting killed in inflation. then in 1 year getting clobbered. and to be back to the 2003 levels.
It's just a horror show.
Hearing all that bullshit about "Stocks for the long haul", then being in a 10 + year bear market.
It's all just enough to create another Uber bull..... Don't you think?
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
Wednesday, October 8, 2008
I spent some time on the phone today
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