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Thursday, January 20, 2011 4:25:06 PM
It is so easy to play the conspiracy angle when reality would have that we simply aren't privvy to all the news likely to add up to results unforeseen. And even if we could see all the news that's fit to print, who among us is smart enough to cipher, factor and accept all that's entered into evidence?
Sooner or later, we will decide to unload, reload, reduce or add to positions for any variety of reasons. It becomes a personal thing and not always conducted in an arena dominated by logic. When a lot of investors do this, we grow suspicious yet those others do exactly as we do---the sole difference being that we want a villain; so we attach an intelligent head onto our vehicle of disappointment, call it the enemy and hold hands with others similarly unhappy with our investment results.
We all feel the pain and wonder. Now, if only we could understand.
WT
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