A nice way to stay in touch with loved ones, and a convenient way to share my opinions without having everyone just walk away...wait a minute, where are you going? I wasn't finished..

Tuesday, March 03, 2009

A quote

The most violent revolutions in an individuals beliefs leave most of his old order standing......... New truth is always a go-between, a smoother-over of transitions. It marries old opinion to new fact so as ever to show a minimum of jolt, a maximum of continuity.

~ William James (1906)

Hmmm, maybe the rally monkey was trying to marry old opinion to new facts. The Canadian Railway stock I bought a call on as a bullish play has lost just over 2% as compared to 5 or 6% on the S&P and DJIA, but yesterday dropped below its previous low. I should close out that position, but probably won't. The good news is that DRI is down 8% over the same 5 days.

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