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"

Saturday, March 7, 2009

another one

Washington plans for big bank failureI'm pointing out sentiment here, the fdic could never handle a big bank failure. and 500 billion is ... not enough for citi.

and that the loan of 500billion for the fdic, being taken as "Prepair for the crash" by cnn, is good negative sentiment.

but check this out;

Hooverville

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