Wednesday, May 28, 2008

Just for the record, the market keeps creeping up even when dramatic and very cruel news come out, reading and analyzing chart seems futile when you think about the following:

from the ronsen.blogspot.com blog:

Markets are rational. They allocate capital to where it is most likely to have the best use. But as a nation, we no longer trust markets, rather we seek to make them conform to our wishes. Unfortunately, it doesn't work that way, and the markets ultimately go where they want anyway.When you try to eliminate the business cycle, debase the currency, rig the numbers, and change the rules of the game midstream, you get...where we are now.The charts don't lie, but only tell part of the story. It's up to us to ask the right questions, and the biggest question is who gets the 'love' from the manipulators.

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