Club Mulgoa

Friday, January 21, 2011

The market and sports

Both are governed by mathematical principles. The difference is with sports, the ones who make the money are the media and the players.

The market has been falling in the last week. But by the law of average, you should see rises next week or even tonight at Wall Street. Short of terrible and awful news, markets around the world cannot keep going down. China's unexpected high GDP means her government clamping down on the economy; it hasn't been successful!

I am forever an optimist even though my wealth has been dealt a blow today and yesterday. Still I have done a lot better than most people. But like a lot of times in the past, for me, this is the best time to top up :-)

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