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« WSJ: What Paulson Is Trying to Do | Main | WSJ: Ignore the Stock Market (until February) »

November 04, 2008

NPR: Navigating Wall Street's Lexicon

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http://www.npr.org/templates/story/story.php?storyId=96557570
1:02 mark
"The last fund manager or the last set of individuals out in the marketplace, have they given up hope, have they just said, 'you know what, sell everything,' and just en mass, people are  puking out stocks, that would be capitulation, that is what forms a bottom."

Chris Arnold, NPR: "Nice image."

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Comments

Have not things changed a bit since the asset swap was first passed?

Did the TARP blown off that truck loaded with undervalued, underloved sub paper, and land on the windshield of underwater homeowners?

Hey Andy, I just saw your clip and bio on Cornell's entrepreneurship site:

http://eclips.cornell.edu/entrepreneur.do?id=337&clipID=8525&tab=TabClipPage

and I thought it was really interesting.

I'll have to look into the Health Care industry as I consider my next endevour...

Jon

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