“Those who have knowledge don’t predict. Those who predict don’t have knowledge.” Lao Tzu, Chinese philosopher, 6th century BC

PAYPAL

Thursday 21 April 2016

21 Apr 2016 - Party Like It's 1999

Today is a reminder of how fast time is going by.  When celebrities from your memorable youth has passed it is hard to ignore the sign that life is telling us to make something of ourselves or that we live life happily as possible.  Once we are 6 ft. under, only the immediate family will remember us.  The world however doesn't skip a beat.

This is also true about the markets.  We can lose thousands even millions, but the market doesn't care and keeps on going about their ways.  It's a hard reality, but sometimes we just have to follow the herd that doesn't trend towards a cliff.

Prince made the song called "1999" and party the markets did.  Now with his passing, maybe it's another signal that this cycle is ending or has ended as well.  Food for thought.

SEN: Bullish
ST: UP
PA: NA


No comments:

Post a Comment