Monday, November 25, 2013
Smart "Bear" Heggies angry that Dumb "Market Bulls" are making all the money: Tales From Normal, Mn.; FICTION
Just got the tweet---it's bad weather on the frozen tundra and the bass fishermen have gathered for a full day conference at Betty Lou's Coffee shop to talk shop and politics---and also makin money....they were just yucking it up today as they were watching a "bear" market advisor on the talk shows who said that according to an efficient market theory, and a full measure of "randomness" it just did not make sense for the market to go straight up without a meaningful correction...why, for it to go straight up was a sign of it being....rigged...fixed...or at least "pumped".
If an investor had just bought and held one would have made over 25%. The bass fishermen just smiled and winked...they all knew....
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