December 11, 2008 at 09:45 AM EST
The Truth of the Tape
All he believes are his eyes And his eyes they just tell him lies -License To Kill (Dylan)“Any fool can believe the truth; it takes a genius to believe a palpable lie.”--Anon The market is a genius. It's only wrong twice: At the very top and at the very bottom. Anybody can read the headlines and listen to the tube for the litany of the latest bad news: Layoffs earnings downgrades foreclosures deficits corruption. But Mr. Market in his own inimitable way is interested in only 3 things: The future the future and the future. As much as the ...
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