Sunday, March 16, 2008


Again, I will refrain from commenting on an unmentionable formerly great wall street house. Instead, lets think about tomorrow.

Fed action, BS action, and Eurodollar future settlement. This guarantees an interesting day. Let us hope a halt in trading is not the results of the Fed's once-per -century action in rescuing a non-bank institution.

It will be time to go long soon - but there is panic in the streets at the moment.

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