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, February 25, 2009

Wholy Crap!

Karen Feinerman... Understands it.

WOW!!!! the first one... what does she have an IQ of 180...

I love Karen

2 comments:

Tony said...

I missed it. What did Finerman say? I agree she seems like she has the gist of things altho she's quiet. She's had some great low risk picks lately.

Eric said...

she is the first trader/investor that understands some of what the treasury is trying to do.
I think she is 80% there.

or I'm 20% gone :)

She just said, what they have been saying "they will not allow the banks to be nationalized or fail"

and that they have the Option to convert prefereds to TCE, as needed.

Liesman only gets about half of it, she understands 80%.

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