Thursday, March 5, 2009

I Wanna Be Sedated: Feels a bit Like September '08

I've posted this song a few times, including September 19, 2008. That was the Friday of the week that saw Lehman Brothers fail, Merrill Lynch merge with Bank of America and AIG become a subsidiary of the U.S. Treasury.
Twenty-four hour days.
The market's swings this week aren't as large, more like a damped harmonic of six months ago but it feels similar.
Good Night and Good Luck (into the arms of morpheus)

Back in July we were experiencing volatility that got me humming this song. I hadn't thought about it in seven weeks. Time to call it a week.
Volatility: I Wanna be Sedated

Ladies and Gentlemen: THE RAMONES!