It's almost not fair. Really! :)

Saturday, August 4, 2007
Sweetgrass Burrow

It's almost not fair. Really! After all, I'm just a rabbit with no formal schooling, no corner office overlooking Wall Street and no secretary running here and there fetching me this or that. Yet, here I sit watching day by day as the street and all among it continue to fall victim to mistakes, misstatements and other dastardly tricks layered upon the investing community by the very, very few wise enough to conduct such machinations.

To borrow a phase from one of my all-time favorite movies: "It was old magic"
See, these tricks of the trade being plied against the investing public are as old as the hills. Nothing new here at all. However, while we in the animal kingdom have been able to survive BECAUSE of our remembering the past and the wisdom passed on by those who have gone before us, humans can not see that which has been tested true for all the ages. To put it in easy, simple terms: "Humans are too smart for their own good!"

The Dow closed down for the week again and we are short at the 13,409.00 mark. With the final number resting at 13,179.00 on Friday, we find ourselves up over 230 points since we posted our short gate two weeks ago. Again, remember, listen to the wind, watch the birds in the trees, put your ear to the ground and sit still. Believe what you see and know, not what you hope for and are told.

Alas, humans hate sitting still for any length of time and almost NEVER wish to observe, especially in this Internet instant age. Like I said, it's almost not fair.

E. Rabbit