Money and Words

Money is stored labor and words are stored ideas. Money is like art. Art is a verb, not a subject. Like the Benny Goodman song says in the song title, It is not "what" you do, it is the "way" that you do it. Finally, politics is gossip. Called rumor in the market, 70% of rumor it has been said often turns out to be true. Rumor, like gossip, is people said. People said reflects people spirit. This blog talks to issues spirit, not to people said. This is only what I say, everyone else does what they say. Links to other Sunset Stroller sites below.

Friday 10 September 2021

Testy trading temperature

 Market seems to be in some sort of skittish distribution. That is, stock is changing hands, but neither buyers or sellers are getting the upper hand right now. 

I sympathize with the buyers since I am no longer a growth position player, but there is a good case for the sellers as well. This scenario comes about because markets generally look six months out, or an equivalent. Optimism in the face of uncertainty is hard but over the long run optimism has won out. 

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