I want to believe we are out of the woods
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
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3 comments:
The end of the world is going to happen eventually... maybe it's sooner than we think.
The fact is that some regional banks that are operating now will not exist 6 months from now, and nobody knows which ones. Will it be 10% or 25%?
Will it be Citi or BAC that gets nationalized, or both?
Nobody knows. Would you plunk down $25K for a truck without knowing what's under the hood?
Ya.... That sell off was nasty.. and it was not low volume....
That is what got me.
Now that I've had a chance....
In the words of Star Wars..
I've got a bad feeling about this.
When I listen to Brian... it's funny, I can hear what he is saying, then I can hear how he feels.
end of the world only happens once.
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