but the biggest issue is that all the CFO's out there.... they have their corporate debt financed at 4%... and any time they roll it over they will be lucky to get 8%....
Meaning that if they are in debt as a company.. margins have to go up 4%....
CFO's are still in denial...
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
Friday, June 5, 2009
I don't mean to talk armageddon
Subscribe to:
Post Comments (Atom)




No comments:
Post a Comment