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"

Monday, October 12, 2009

Sorry there is more


one of the economists that were wrong for 50% on the spx is out calling for a V... they like to point out some of the bears that are always bearish... but never the Dick Bove's who said buy banks since Jan 2008.

  • Your trading week Dow 10,000 and beyond
  • Earnings may offer pleasant surprises
  • don't miss bigger tan normal bounce,barton Biggs
They have pulled off the perpetual "Analyst says 10-20% correction."

1 comment:

Tony said...

Bove said buy banks since Jan 2009? No, to be more accurate he's said to buy banks continuously since at least Aug 2007 with only a 2 months hiatus-- Nov to Dec 2008 when the world was ending.

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