Eating Kosher Crow
Today, Tuesday, is another somber day of the Jewish calendar so we did not hike. However, it does not mean we spent no time pondering and thinking. With the stock market losing so many points, nearly 300 on New York and more on the other exchanges, it’s a wonder anyone has money to spend. We did mention the other day that the trend looks down. Before you know it though, it could suddenly jump up again. It is not what we would term a rational mechanism for pricing securities on a day-to-day basis—but it’s the best we have. (We must give credit to Winston Churchill for this last statement although it was in a different context.) Anyway, our editor, in a show of no confidence in our tracking ability, purchased a ‘junior positioning’ device. We are not peeved by this…well , maybe a little, because after all we accept we don’t know everything. Of course, that is another of our attributes—an abundance of humility. Back to the gadget. This is not a full-blown GPS. We think our editor wants to...