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Politics : PRESIDENT GEORGE W. BUSH -- Ignore unavailable to you. Want to Upgrade?


To: Wayners who wrote (768698)2/24/2009 2:35:37 PM
From: DuckTapeSunroof  Respond to of 769667
 
Re: "I think what he is saying is try to follow trends and have a realistic exit plan if something happens that you don't expect. You can't unload a trillion in credit default swaps following the trend...not realistic."

LOL!

You are, of course, entirely right.

And, if Peter had said *either* of those two things he would be just as correct. :-)

Unfortunately, he said neither of them (no mention of the commonsense virtue of sticking to reality and changing course when the course proves out to be the wrong course... and not a single word about 'credit default swaps'.)