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, November 20, 2008

My old meme

Somebody said something this week...

During the great depression GDP was cut in half.....

anyone seen that?

So... I'm back on my meme... Like schiff says this is going to go on for a while. So between now and a year or 3 years from now..... The market has to go somewhere... Ok... so over the next 2 weeks we go to 400 like Yamadda says... AND THEN WHAT...... The market has to go somewhere.. Right?

Trying to price this in at this point.... Just goes to mention the amount of volitility between now and then.

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