a blog dedicated to the discussion of MASTER LIMITED PARTNERSHIPS and the day to day news related to the group...along with perhaps a few other things...as long as the conversation is kept civil. Although i have no problem telling you what i am doing regarding my trades...PLEASE DON'T ASK ME WHAT YOU SHOULD DO REGARDING WHETHER TO BUY, SELL OR SHORT!!! i am not in the stock business.
Thursday, October 09, 2008
Asia is collapsing. Toyko is down 10%. Dow futures down 200. S&P futures are down 25 points.
Everyone. Turn off the TV, don't read the papers, ignore your friends, we have entered the Financial Twilight Zone. There is no price that is too low for levered sellers. The shame is that it will be years before we have a recovery. Look at Japan's lost decade.
Everyone. Turn off the TV, don't read the papers, ignore your friends, we have entered the Financial Twilight Zone. There is no price that is too low for levered sellers. The shame is that it will be years before we have a recovery. Look at Japan's lost decade.
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