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, March 25, 2009

the hanes bottom

was the hains bottom called on the day?

or was it days later?

that is my issue.

as I'm reflecting...

The BAnk of america and Citi purchase of MBS on the open market seems important..

and what a lotto if they can pick them up at .30 on the dollar then sell them off into the new program at a profit.....

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