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"

Wednesday, October 8, 2008

I spent some time on the phone today

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?

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