October 14, 2008 at 10:25 AM EDT
Random Thoughts: See the Ball!
Editor's Note: The following was posted in real time on our premium Buzz & Banter. It's being shared here for the benefit of the Minyanville community. See also Jumping the Shark in Our Wishbone World?So what's gnu?I've gotta tell ya I've been trading for seventeen--or is it eighteen?--years and I've seen my fair share of despair.I waffled through the Orange County crisis in 1994 which was the largest municipal bankruptcy in U.S. history (they lost $1.6 billion in derivatives trading. Pishaw! Peanuts! Acorns in today's world!).I waded through the Long-Term Capital Management collapse the Thai Baht Contagion the Russian rubble mess the Y2K ...
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