Wednesday, December 10, 2008

Tea leaves


Please go ahead and pause for a second next time some very wise individual predicts the future movements in the value of any index. They are full of shit and should be questioned with a healthy dose of skepticism.

Remember when everyone thought oil would go to $200? What's that? They were way the fuck off on that one?

Commercial Mortgage Backed Securities could do no wrong?

The Falcons will suck in 2008?

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