I've decided that .... The market anticipates nothing!... For the few minutes I listened to CNBC today, I heard that being said "The market somehow was anticipating Obama."
I'd dispute.....
The market Is not anticipating;
a stimulus package.
Hyperinflation.
Bank nationalization(You can't say that anything we have heard is NEW, or that the move for the past 2 weeks ... Was "anticipation.")
It was clear to me C was fucked a year ago.... WHEN did the market "anticipate" that.
To be honest..... I think that for the most part..... The market is just trying to catch up with what is already known, but that the news is about to break.
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, January 20, 2009
My current Reflection
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