Secondary......beware of secondaries. This is the "second" time that I've been caught. I'm beginning to think that as a rule:-
1. If in any market there is any excuse whatsoever (worries about inflation, worries about no inflation, worries about Asia,worries about interest rates going up, worries about interest rates going down, worries about the job numbers, worries about housing starts, worries about there being nothing to worry about, worries about the similarity bbetween the current time and 1929, 1930, 1939, 1987, trading during any October or any month bordering it, worries about it being Friday and there being triple witches or goblins or the fact that people are percieved to be smoking fewer cigars.... then...
If there is a secondary the funds will get in a price much lower than you can possibly believe.
And guess what we're in a secondary. Can we find make sure to inform eachother as soon as possible when one of us finds out the scondary pricing.
As I said earlier any bets about a final price??? |
