I took in about 5 minutes of CNBC's coverage. Interesting how desperate and frightened the staff has been over the past 2 days. As a model of sentiment, that the market should have known he was going to be elected 2 weeks ago. Also that anyone with any clue about Social change, Felt it was a high probability event for over a year.... that CNBC "Got it" 2 days ago. Shows where they are on the Curve.
Now... The fact that this country is disparate for change, which includes Economic Change. That We have Craved it, and Have needed it for 4 years. And that CNBC continues to Hammer the "This is bad for the market, mantra... Shows what a bunch of dumb asses they really are. If not only the economy can't grow, nor can we find new Market participants(Minorities), That the market will go Anywhere Is about the most Ignorant thing I've heard in My life. If the message of "We are stronger together, and that we are in the same boat" doesn't apply to the market as well as this country. No wonder its just "BubbleVision".
Now, lets all hope he can Lead.
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, November 5, 2008
Yipeeeee
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