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"SULTANS OF SWAP"
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Current Thesis Advisory:
"EXTEND & PRETEND"
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Published November 2009
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"PRESERVE & PROTECT"
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OTHERS OF NOTE
Same Old Lessons
THE "WANNA GET RICH QUICK" CROWD
In the old days you knew a market top was at hand when your local barber starting giving you stock tips. In our global market it is different as new people discover trading (and will soon learn some old lessons) .... It appears US barbers are too smart, too broke and too afraid of no pension income to fall for this trap again.
MEANWHILE THE GOLDMAN SACHS "NOUVEAU RICH" BANKERS COULDN'T FIND PARKING SATURDAY
The rich discovered a new problem Saturday! They can't find parking spaces for their tax deductible private jets during their weekend "boon doogles"
FINDING PARKING FOR THE SATURDAY "KENTUCKY DERBY" FIGHT AT THE VEGAS AIRPORT WAS IMPOSSIBLE!
SO WAS FINDING PARKING SATURDAY FOR THE MAYWEATHER-PACQUUIAO" FIGH AT THE VEGAS AIRPORT
Some had EVEN MORE serious problems. Tom Brady attended BOTH events Saturday?? No wonder they call him Tom Terrific!
THE REST OF US SIMPLY TRIED TO AVOID THE INEQUALITY RIOTS AND RALLIES
GOD BLESS AMERICA!!!
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