actio-et-reactio
Balance is but a brief transition between extremes.
My Pages
Trading Friends
News & Reference
Credits
Content: amg
Basis: glish & bluerobot
Powered by blogger
Web Host: lunarpages
Search
Archives
Saturday, August 13, 2005
Generational Dynamics
I love weekend afternoons, especially after a busy (and rather early, let's make that
WAY early) morning. Satisfied that I've "accomplished" some things, it's time to hit the Big Picture Stuff and have a good read at the armchair.
Today's most engrossing site is, thanks to a link at Crystal Ball, to John J. Xenakis' Generational Dynamics
Web Log. His entry for 11 August queries "Why is the P/E Ratio Remaining Constant?" The question alone reminded me that I've been hearing a litany from market analysts for months that "the market is cheap". And his observation, which anyone looking at a chart would notice, has indeed gone unremarked upon by the general finanacial press.
His conclusion is worth the read of the article, and you'll find yourself reading further as his interesting, balanced, and timely observations draw you in. Wonderful find!
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
recent comments
