A RARE PERSONAL NOTE
...I go to the store at 2:00 because it is raining and I figure no one else will be out, so I'll have the aisles to myself.
The market goes up 700 points (8%+).
FINDING BOTTOMS ... IT'S WHAT I DO?
Anyway, I hope it is not a real bottom, for personal reasons. If it is, I'll have outdone Elaine Garzarelli by half, doing what even my mentors said was impossible: picking an exact bottom.
Maybe it is my fate in life. I picked Singapore within the hour of its crisis bottom back in the 90s. Still, I totally missed the NASDAQ top (Goldman has bragging rights on that one, right?).
Anyway, it's a little, temporary solace (aren't they all?) for an out-of-work guy who has only his own spreadsheets and none of the trappings of a "GMO Van Otterloo", say.
Tuesday, October 28, 2008
Wait for no man ...
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