Comments about the financial markets, politics and other random thoughts of interest.

Friday, May 21, 2004

The Andor Dilemia

Just when you should be shorting you go long and just when you go long you should be short. After a while, you are blind and can no longer negotiate the markets. That is Andor's problem. They were great investors in a TRENDING MARKET. We are now in a TRADING market. They will continue to get it wrong until they embrace shorter term tools or we go back to a trending market.

That is a sad thing.

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