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.
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.
The end of the world is going to happen eventually... maybe it's sooner than we think.
ReplyDeleteThe 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....
ReplyDeleteThat 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.
ReplyDelete