Aug

24

Ten Percent, from Jeff Sasmor

August 24, 2007 |

 Doesn't this whole 'yes, we've had the long-awaited 10.00% correction so now it's time for the market to go up again' seem very, well, scripted, for lack of a better word? Just seems all too pat.

It's like watching a TV crime drama, where it's the character you see for a few seconds near the beginning of the show who turns out to be the bad guy in a 'surprise' twist at the ending.

If you take the tack that it's the person who's somewhat invisible in the plot, but who was actually shown, even if only for a moment, then you can usually guess the culprit before the first half of the program is over.

Somehow I think that's what's going on here.


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