stock market

From: j
Category: Other stuff
Date: 19 September 2002


all the experts are just the voices of what's happening at that exact moment, they have no prophetic power. When the market's up, they think it will go up forever, when it's down, they are doom and gloomy and the upturn is far away. simply behaving contrarily should be very profitable, but the maddening burble of consensus is hard to ignore. I say tech and telecom stocks now. They say defensive utilities and gold mines! But if they believe each other all the better, for then the opportunity comes. The charts and numbers are no more than voodoo magic. You could find out a bit more bout reality, but where? So just swim against the tide out into the sea of rich money.

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