Saturday, September 8, 2007

The markets need some originality


Frustrated that your market is nothing but a DJIA copycat? Sick of greedy bankers a plane ride away messing up sentiment? You're not alone.

'Decouple'. Now that's a word. Let's go and tell the rest of the herd to 'quit following the Americans.' (Good luck on that.)

Equally frustrating is the lack of sophistication in small markets like the Philippines' PSEi; you can't even short stocks.

One good thing is: If you want to know where your market is headed, make it a point to know where the DJIA is going; you're bound to be closer to home than reading your own country's news.

No comments: