Prize

........... Recipient of the 2010 MacDougal Irving Prize for Truth in Market Manipulation ...........

March 15, 2011

“Do not go outside”

    It’s hard to say what causes some market routs, but overnight news like that order from Japanese Chief Cabinet Secretary Yukio Edano crashed stock prices to the point where everybody knows what to finger on this one.  Waking up to those Godawful words, directed at 140 thousand people, totally freaked us out, and we live half a world away.

    A recent study found that 83% of people who can afford martinis by the traditional pitcherful didn’t sell stocks during the financial holocaust.  Carry on, would have to be our advice to them.

    Staff at The MacDougal Post has no idea what the rest of you should do, and we're too busy running off for ice cubes right now to care.