hollowman

Options Trader: Wednesday Outlook

When it comes to the analysts at the big banks am I the only one that thinks ...

"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.