Joe Teranova.... "Get flat the reflation trade"....Don't get short...
LOL...
Sounds like the Refation trade is going Lower....
Realize all these guys are in the Reflation trade.....
Wasn't it just last year at this time that they got burned last time...
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
Thursday, July 2, 2009
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