Thursday, July 17, 2008

Banks do in fact bounce

If you drop them from a great enough height. Chart of the day - the rally in financials seen on Wall Street late Wednesday.

1612.jpg

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Lunch is for wimps

Lunch is for wimps
It's not a question of enough, pal. It's a zero sum game, somebody wins, somebody loses. Money itself isn't lost or made, it's simply transferred from one perception to another.