Ike, I Love you truly! There are 2 things in this world that I have complete and total allegiance to in this world; My family, and the few people I call friends. I will meet you one day, and we will have wonderful dinner with excellent spirited conversation. But it is clear that our views will never come close to convergence, and that is a good and healthy fun relationship.
I will never have allegiance to a market, It's not my friend, it's a group of individuals that are more than happy to take my money when I pick the wrong side of a trade, as I their's when I'm correct. I don't beleive in garbaged spewed in DOW 30K, I don't beleive in "New Economy" and this market is full of inexperienced "Gamblers" looking to make easy money, ie. not work for it.
But history repeats itself all to often, purely driven by "Pack Mentality" and it's the subtle points and signs that they miss, that in 20/20 hindsight seemed to be so lucid.
I don't reference 29' as the outcome, only as a point to begin a collection of data, that is accurate. I will lend this piece of useless information. I've been told throughout my life that I'm an astute observer of people and personalities, I'm not a people person, but I love to study their actions, and conversation. Recently, I notice this ever so slightly changing attitude, in prople I talk to everyday. The way they talk about current events, and their perception of the outcome. Not euphoric as it once was. This is a change that is opposite to how perception was in 1995-97 |