So instead of going to eat a sandwich the last couple days, I went to Berlin instead. Didn't look at the market for close to two days. I expected to come back and see a huge drop (and hedged for such before I left). Imagine my surprise when I find that market has pretty much moved sideways from Tues.
Since the market didn't drop over 10% I feel like perhaps, as a bull, I might not be going directly to the slaughterhouse. Sometime I'll have to tell you about how I timed the market correctly to get from Citi to Morgan Stanley to Bank of America all with beneficial trades. This is because I believe BAC will be a market leader when this insanity is over.
Friday, December 5, 2008
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