Dec

22

The Bosporus, from Larry Williams

December 22, 2006 |

The Bosporus can teach a lot about trading. It flows two ways; on the top the water flows out of the lake, on the lower levels it flows into the lake. Hence pilots of of old would lower parachute-like contraptions to the lower level to literally pull themselves upstream.

The surface of the water does not tell us what is lurking under.


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