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When it comes to the analysts at the big banks am I the only one that thinks ...
Aug 20 11:32 am
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All Comments by hollowman »Options Trader: Wednesday Outlook [View article]
"So You guys don't even how to properly price your own assets - i.e. your worthless CDOs, CLOs, ABCP, etc., and you're trying to predict the price of X????"
GS is looking like a bunch of idjits because they were calling for $150+ when oil was starting to break $140. JPM is looking like the clowns they are because they are still insisting that the USD will make a new low in Oct. And they all look like total morons because their business models have been exposed as total BS.
Sometimes I rather consult my cat, at least he has a much better track record.