October 24, 2008

Wall St. Woes, cont.

Falling Knives, Twirling Machetes How do you catch a falling knife (plummeting stocks)? With very thick gloves, assuming you’re so inclined. What’s happening on Wall Street now resembles something more akin to a twirling machete (not graphic enough? the cover of the current Barron’s features a chain saw). The intra-day swings regularly exceed hundreds of...
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