Showing posts with label Stocks. Show all posts
Showing posts with label Stocks. Show all posts

Tuesday, July 20, 2010

No Double Dipping or "What's Past is Prologue"

Freeman here. Ben Bernanke, please read this post.

I am sick and tired of reading about sports, so I thought I would take a second to speculate on the near future of the stock market. I mean, seriously, I leave for one month, and the entire editorial board becomes a bunch of meat-heads. So be it, sports are popular, and my articles are not. But that is not going to stop me from publishing.

Shakespeare taught us in The Tempest, that "past is prologue"- or in layman's terms- "history repeats itself." If this is the case, the market will be bearish (bad) in the foreseeable future.