Quote:
Originally Posted by highernote
I'm struggling to understand the market. The futures are up tonight as I write this, but the market could go down tomorrow.
Will silence provide deeper understanding?
We have all these old Wall Street maxims to draw from, but they are contradictory. Which one do you follow?
I guess my previous post was a long way of saying I have never been more unsure of what the **** will happen tomorrow.
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I can't expect help from well-known maxims when my money is on the line. I listen only to myself...since it's I who will be asked to face the consequences of my actions. Maxims are always contradictory, no matter what the topic of discussion is. "Fortune favors the bold"...the maxim tells us...while also informing us to "never put all our eggs in one basket". These may be cute soundbites...but they impress only in retrospect, IMO.