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But there are kids out there who will waste a whole lick of time & effort (not to mention $$'s) pouring over all that crud. |
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Woo-hoo! Let'em be shark bait! I'll eat anything green and crunchy.
Cool posts, as always, Anna and Milliard.
They say old Mr. "B"ean works 7 days a week. I find it rather humorous that he wasn't aware of the French bank issues when they cut rates last time (only 8 days or so before todays meeting). I would have LOVED to have been a fly on the ceiling then - or the drywall repairman who had to fix the numerous head-sized holes that were likely littering his well-used office walls the day he heard about Mr. Kerviel's trading life.
Frankly, I don't care which way price goes today. I'll make money regardless of direction. I'd prefer to see them cut by 25 bp today (or less), because that would help ramp up volatility - and I loooove volatility.