actio-et-reactio: for every action there is a reaction. In the background is a sketch by Leonardo da Vinci-teeter-totter- a symbol of how tenuous is the balance between extremes

actio-et-reactio

Balance is but a brief transition between extremes.

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Wednesday, April 03, 2002

Wednesday Morning comment

I used to work with some very talented engineers, many deservedly "top of the class" in their field. Their intelligence, however, did very little for their impatience. You'd think with all that experience, I'd recognize the emotional pattern. "Things" don't work that way in real life.

All that to say that the Nasdaq is like those engineers, which in some ways is not at all unusual, both being high tech oriented. Whether it is a bull trend or a bear trend, this index has to do it all in one swoop. Didn't even give me time to publish the next lower short term targets, the ones beyond 1399. Sheesh!

Seems the fushia pitchfork got lost this morning. Will resurrect it; in the meantime, added 1386.

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posted by Ana Maria @ 10:56 AM :: permalink




moon phases
 

At last, over the rim
of the waiting earth
the moon lifted with
slow majesty
till it swung clear of the horizon and rode off,
free of moorings
- Kenneth Grahame,
The Wind in the Willows

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