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, October 28, 2009

Terranova

Terranova-"2010 they are going to have a 6% yield on the 10Year."


So that means.... 8-10% for corporate AAA.... who is that going to bankrupt?

2010 people will beg for a 6% yield... I'd agree the corporate debt could hit 8-10%

but that is no good for stocks... and good news for Treasuries. I'll take The USGov. over comcast anyday..

Ok... back to my movie " terminator 8"... or whichever it is.

gap down in the morning, see if we can bounce off of that.

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