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, December 24, 2008

Boats and holdays

I know when I write this stuff, and of course I've spend a week convincing people to go short...

But now that it seems aparent that that was the right call....

Being the contrarian that I am, it starts making me think that there is a chance that everyone has moved to the other side of the boat now...

Just a chance....

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