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

my breakfast

I gave it up, forget breakfast... I skipped it and had nachos.

Jim Chanos this morning.... "Hind site is 20/20"..... "we could have handled this better"....

"maybe the pain is over" "maybe it's not". Maybe we should have let Lehman fall, maybe that was the mistake that put us here....

I chastised myself a few days ago for talking this nonsense..... WTF do we get this... Us market people... so afraid of being wrong, that we refuse to take a stand.....

to be honest.... Grow the fuck up!!!

And again thanks for trying to fill my head with nonsense.

3 comments:

Tony said...

Worried?
http://www.cnbc.com//id/27096975

Eric said...

I've been worried for 2 years.

when my buddy could pose the idea that there was still another trillion in bad derivitives in u.S. hands... I figure it's cooked it.

Santelli is holding his ground...

I havn't posted it, but we have one of the nicest elliot waves I've seen in a long time.

Eric said...

There I did an idiot wave post...

Wedge and everything

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