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To: LTK007 who wrote (573)2/24/2007 7:25:06 AM
From: Crimson Ghost  Read Replies (1) | Respond to of 694
 
Max:

That Spear report makes a lot of sense.

Hope you will let us know when they turn bearish.



To: LTK007 who wrote (573)2/24/2007 10:57:13 AM
From: coug  Read Replies (1) | Respond to of 694
 
Thanks max,

For the response.

re: <<That said, humans are wired to demand answers and explanations, so we make them up as we go along and pretend that we understand what's happening, until the next surprise takes us completely off guard, and then our arrogance extends to pretending that it wasn't really a surprise - we saw it coming all along, and "here's why.">>

And Jesse Livermore wrote the same thing. People "need" to have a reason, so a "reason" is made up..Policy wonks know that. And that's what gets us into so much trouble, from markets to wars, because "reason makers" can say any damn thing to get the people to "believe" why something happened or "needs" to take place. :(

BTW, that is one of the big reasons we pulled quite a bit out the other day. The policy wonks might give us a "reason" to attack Iran..

c