Wednesday, November 19, 2008

The Devil

I am continually amazed at this market's ability to fake people out.

I think of the equity markets as a trickster, or even the Devil himself, whispering sweet nothings to distract participants from the larger picture and then lowering the boom with breathtaking speed.

Futures were lower this morning, then we opened up, sold off, rallied, now finally selling off again with some gusto.






So beware, players in the biggest casino on Earth, the market is a deceiver!

No comments: