Three Urban Legends on Wall Street Today

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	Three Urban Legends on Wall Street Today

bikashn06

2-24-2009 2:15 PM

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tags:

urban legends, urban legend, wall street, jamie dimon, warren buffett, cnbc, jim cramer, china bonds

bikashn06 says:

Since our investment decisions are driven by either fear (running for safety) or greed (joining the bull run), let's take a look at some of the urban legends on the Wall Street today.

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<div style="margin: 12px 0px; font-family: arial; color: #333333; background: #ffffff; border: solid 4px #e5e5e5; width: 100%; clear: left;"><div class="CM_CTB_Content_Wrap" style="margin: 0px; padding: 0px;background-color: #ffffff;"><div style="border-bottom: solid 1px #dcdcdc; white-space: nowrap; margin-bottom: 8px; background-color: #eeeeee ;background-image: url(http://clipmarks.com/images/source-bg.gif); background-repeat: repeat-x; height: 24px; line-height: 24px; vertical-align: middle; padding-bottom: 4px; color: #666666; font-size: 10px;" ><a href="http://clipmarks.com/clip-to-blog/" title="see clips that are hot right now"><img src="http://content.clipmarks.com/blog_embed/c7b84d40-628d-449b-89f8-b8028af53335/95542BA2-4320-4ED2-B5E4-2FFB1361C3C3/" alt="" width="19" height="19" border="0" style="vertical-align: middle; margin: 0px 4px; display: inline; border: none; float:none;" /></a>clipped from <a title="http://seekingalpha.com/article/121450-three-urban-legends-on-wall-street-today" href="http://seekingalpha.com/article/121450-three-urban-legends-on-wall-street-today" style="font-size: 11px;">seekingalpha.com</a></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://seekingalpha.com/article/121450-three-urban-legends-on-wall-street-today"><H1>Three Urban Legends on Wall Street Today  <SPAN class="num_of_comments"><A href="#comments_header">18 comments</A></SPAN></H1></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://seekingalpha.com/article/121450-three-urban-legends-on-wall-street-today"><P>I am sure you have heard of the term “urban legends”, or at least seen the movie based upon superstition and coincidence. Urban legends go something like this, “If you put alka-seltzer in your bird seed and a bird eats it, his stomach will explode” or “If you go past the graveyard on the night that so and so died, the light will flicker 3 times”.  Fear and the “unexplainable” factor make for a juicy urban legend. Since our investment decisions are driven by either fear (running for safety) or greed (joining the bull run), let's take a look at some of the urban legends on the Street today.<BR /></P></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://seekingalpha.com/article/121450-three-urban-legends-on-wall-street-today"><div align="center"><img src="http://content9.clipmarks.com/blog_cache/seekingalpha.com/img/4693ED01-A72C-45CB-8B57-7267C44B4067" alt="" /></div></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://seekingalpha.com/article/121450-three-urban-legends-on-wall-street-today"><H4>Stockton Sage</H4></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://seekingalpha.com/article/121450-three-urban-legends-on-wall-street-today"><P ad="lending_club_top_blue-black">
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