Tuesday, January 17, 2012

Snow and stock market...

Snow conditions and the stock market work the same. When crowds are getting desperate, it signals that we've never been so close to turn-around time. When we're elated, it generally is the time for not-so-good conditions to rear their ugly heads. Today we're standing at the bottom of the barrel. Tomorrow snow is coming over Utah and the turn-around will begin.

Human psychology however has a tough time dealing with these cyclical ups and downs. We should all spend more time reading Lao Tse and finally understand life's wavy nature... Wise leaders seem to grasp that concept. Will we ever learn?

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