Sunday, June 29, 2008

Saturday Night Market Psychology, Just Stayin' Alive

John Maynard Keynes: "When the facts change, I change my mind".

When POTC witnesses a change in sentiment and reversal of trend - the market climactically bottoms out and/or becomes boring - we will be happy to adorn our bull horns. But not yet: let us first address the psychological riddle of the bear market in stocks, and bull market in oil.

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1 comment:

Anonymous said...

We like your political analysis.
The our senators and congressmen have lost their capitalistic compass. Genentech with a change in administration makes sense.
Keep blogging!