Monday, June 13, 2005
Great Quote
From the Wall Street Journal June 10, 05' edition:
Words of wisdom from Lehman Brothers Holdings Inc. chief technical market analyst Jeff deGraaf in a recent note to clients - "If there is one lesson in the markets that I have learned over the years it is that 'hoping' is hopeless. Whenever you find yourself hoping, reverse the position. Don't just close it out, but 180 that baby, put gravy on it and sit back and watch NASCAR."
Words of wisdom from Lehman Brothers Holdings Inc. chief technical market analyst Jeff deGraaf in a recent note to clients - "If there is one lesson in the markets that I have learned over the years it is that 'hoping' is hopeless. Whenever you find yourself hoping, reverse the position. Don't just close it out, but 180 that baby, put gravy on it and sit back and watch NASCAR."
Disclamier:
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