Oct

3

Without in any way indicating prognosticativability, I note that the proverbs "the threat is worse than the execution" and "buy the rumor, sell the news" were illustrated a hundred times to the horror this week.

Mike Libert adds:

"Buy on mystery, sell on history"… The sentiment is the same, but it rhymes!


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  1. Matt Johnson on October 4, 2008 1:54 pm

    Agreed, and countless times over the years, in all markets - the human emotion seems consistent…
    Wanting the Ferrari is better than having the Ferrari, and I’m sure a lot of people will disagree with me…

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