Tag Archives: nu
Bull market? Bear market? Nu? Mu? Lessons in Semantics…
Posted on Jan 14, 2010 by WHC Bassetti.
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There is a famous zen story (mondo) about a monk who asked, does a dog have the Bhudda nature? To which the zen master answered, mu. Mu means in this case both “no” and “nothing”.
When asked if we are in a bull market we answer, Nu?
Good god, what is the point? our readers ask.
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Noted technical analyst WHC Bassetti has over 40 years' experience in the financial markets and is Malcom S.M. Watts III Adjunct Professor of Finance and Economics at Golden Gate University. He is editor of the Ninth Edition of Technical Analysis of Stock Trends, widely considered to be one of the true classics of market analysis.
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