When asked "what will the markets do..."

...Benjamin Graham's response was, "they will fluctuate."

What a month; What an unclear picture on the investment horizon; What a web of dense, complicated and even, at times, conflicting economic data that has been woven.

Those of you whom claim to know which way the market winds will blow, I call you Snake Oil Salesmen!!!

You are blasphemous cretans from the Temple of Abby Joseph Cohen!

 

Graham? I thought J.P Morgan said that.

 

I thought it was Graham.

Whoever said it was correct. My head hurts from trying to project future market direction, and I'm arguably worse off for the effort.

 

Right.

Well, I think you should buy when it's low and sell when it's high.