I always want to come up with a "Who is who on fast money."
It's obvious that pete is the "Fast money".
I get divided on who is the "Smart money":
Seems like Karen is the "smart investor",
and it seems like Guy is an excellent trader, maybe the "Smart Trader".
Then Mackey, I'd say he is a "great trader" but more, agile than ahead of sentiment(in no way do I think he is dumb).
everyone else is just dumb money, following the crowd.
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
Tuesday, December 9, 2008
Fast money
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