22 October 2009
On or Off? Black or White? Bullish or Bearish?
I promise to spend more time on Wikipedia learning more about dualism http://en.wikipedia.org/wiki/Dualistic and a little less trying to relearn French and Spanish.
But that's how I look at the markets. Who's in charge? Fear or Greed. For the past three weeks there has been a battle of these Titans in the market. Yesterday they ended with a draw as Fear made a ferocious recovery late in the day. Because they killed the financials. Today it's just the opposite with banks bouncing.
But you still have to make your choices. I'm still in the Fear camp. For now.