Monday, June 23, 2008

Taking a line for a walk

Timothy McMahon at FinTrend reckons we should be looking to buy into US stocks this summer, using the rate of return graph above.

How far should we heed the chartists? Like cardsharps fleecing marks on a sinking Mississippi paddlewheeler, are they better at short-term plays, but inattentive to catastrophe?


Wreck of the "Sultana" off Memphis, Tennessee, April 27, 1865

3 comments:

Nick Drew said...

speaking of catastrophe, I have jast passed through Terminal 5 for the first time (very fine, since you ask) and at the far end of one of the large departure halls is the Cafe Apostrophe

which, from a distance ...

Sackerson said...

Is it called that because it's almost never in the right place?

Nick Drew said...

that's the baggage ...