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To: MythMan who wrote (339591)8/1/2007 9:11:16 PM
From: Real Man  Read Replies (1) | Respond to of 436258
 
Crammer, 6:46 PM:

"And many hedge funds are in trouble. I keep thinking about the note that Mike Farrell started his Annaly (NLY) conference call with, about how Napoleon set off to Moscow with 400,000-plus troops, but returned with 10,000, and that's the ratio of hedge funds to hedge funds that will survive this period. Drastic? Yes.

But only Farrell was right. I mean it, only Farrell was right about this crisis, and he must be obeyed."

Geez, a mega-rally tomorrow? Looks like the futures are
falling, and the downtrend is still intact. What happens
when All the King's horses and all the King's men fail to
get this market higher? I think Westie be right on da money
then. -g-