Monday, May 10, 2010

Mailbox

The problem with "Pretend and Extend" is that each time the cost of Pretend goes up, and the time period of extend goes down. The Euro must hold $1.29 or the Wolfpack wins the day. The Firm (1993 movie) announced today that it did not have a losing day in trading last month. The Wolfpack remains in control.

Jim

Absolutely right! Unfortunately, the elation generated from short-term profits often short circuits the discipline necessary to remember it.

Eric

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