Detailed market commentary at The Market Ticker
(The Year 2012 In Review)
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|User Info||Well That Didn't Work (European "Rescue"); entered at 2012-07-09 10:13:32|
The only thing I disagree with in the analysis is the, "It always anticipates" part. The idea that something will happen before hitting the wall.
Good point. I think of the market always being right in the same way a pathologist is always right. They get the last word in the diagnosis, but they aren't necessarily good prognosticators.