GTC Biotherapeutics (fka GTCB)

[jessellivermore]

Re the stock market the economy and the world in general.

My late lamented broker, one Bruce Rocknowski,RIP. Used to say about the market, there's no need to reason in Hurricaine Season. Things look a little shaky at present with Leyman doing a Bear-Sterns, but there is a silver lining in all this. First off no one, no individual,no financial institution should be allowed to leverage more than a hundred to one. Its not just sooner or later they are going to hit the wrong button and go down the sewer, but before that happens they create hardships for the rest of us, by their insatiable greed. In this case they have effected both the real estate and the oil markets the effects of their "credit" was to drive both the housing market and more so the oil market, and secondarily the food market to such a high level that it has lowered the standard of living for most Americans. As these parasites are eliminated we will see a significant lowering of housing, oil and food prices which will result in more spendable money for most of us...Maybe some of us will have money to buy GTC shares..

JMHO ":>) JL