Dumpity, bumpity, dumptity…

Posted on Jun 22, 2010 by in Letters

These are times of high anxiety for investors who lack a compass and a barometer.  If you have no instruments how do you know what to do in a storm -- which is what we are in at the moment.

On the other hand if you have a method for analyzing the market which sets out clear signposts you can watch the snakes bite each other to death with some (if not a lot) equanimity.

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