Replies to post #591 on Golden Jackass Tobacco Shop

[Frank Pembleton]

Jim... I don't have any knowledge of Elliot Wave theory... just bought the Prechter book "Conquer The Crash" the other day and I haven't started it yet.

fwiw... I've just started reading "Long-Term Secrets to Short Term Trading" by Larry Williams

Regards,
Michael

[SOROS]

I just saw this headline and got a chill thinking how everyone will feel when this refers to a brokerage house and not an airline:

"Vanguard Says Will Likely Liquidate"

Others would laugh at this suggestion, but those same would have laughed a few years ago if you had put forth the Enron, WCOM, etc. etc. etc. stories. As JW says, we'll know the washout is complete when several brokerage firms go under and CNBC is off the air.

I remain,

SOROS

p.s. Should I break out the party hats and pain killers for tomorrow on SI?