Market Bottom

We are at or near the bottom..A bike messenger at the elevator just told me to "stay out of the stock market 'cuse you'll lose all your money."

This is the exact opposite of the 1999/2000 Internet bubble top when everyone I met had stock tips. Some of the best from the shoe shine guy.

Of course my barber was an expert in currency arb. Changing his US dollars for Mexican Peso's then getting the higher rates in the Mexican banks....Worked out because he retired in Mexico and didn't need to bring the trade back (it would have been a net loss).




by Peter Greene