IS IT ME OR....... ?
Posted: Mon Aug 20, 2007 4:21 am
IS the whole world missing the point at the moment ?
I, in 14 days of insane madness , decided to have CNBC on 24/7 to guage if anybody has learnt anything from teh last 10 years and it strikes me the financial system is full of more idiots than ever before ?
Everybody sees the latest dow move as a 10 % correction and the sub prime issues as contained ?
I think its the tip of the ice berg - th ereal problem lies with the amount of hedge funds employing nuclear scientists with positions they cannot value ?
expect the next 5 years to be the best ever for trend followers
c
I, in 14 days of insane madness , decided to have CNBC on 24/7 to guage if anybody has learnt anything from teh last 10 years and it strikes me the financial system is full of more idiots than ever before ?
Everybody sees the latest dow move as a 10 % correction and the sub prime issues as contained ?
I think its the tip of the ice berg - th ereal problem lies with the amount of hedge funds employing nuclear scientists with positions they cannot value ?
expect the next 5 years to be the best ever for trend followers
c