Tipping point? Or tripping point?

Posted on Oct 18, 2009 by WHC Bassetti in Letters

At this moment we don

Át this moment we don´t know whether we are at the tipping point, or at the tripping point.  The Dow and the S&P tiptoed across the magic mark (Dow) of 10000 and hesitated.  The incessant baying of the punditry makes one think tha the trend will continue -- because they are setting up a fearful howl.  10000 is the magic resistance point.  The rally has hit the magic 50% recovery point.  Yakity yakity.  Blah blah.

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