When I got up this morning I was struggling with trying to convince my buddy who moved his money from equities to a money market in his 401K.
I thought about a well worded email. But I realized that Like when he blew me off in may when I was trying to convince him to move into fixed income. The same thing, not only is stopping him from hearing what I'm saying... but also believing what he wants to believe.
Which when I suggested that there could be another 10% downside this weekend... he didn't hear, and when it happened he was surprised by it.
so, we had that high energy reversal, I emailed him. Said it was a good sign...
he said "7K here we come".... I said.....
"I'll tell you what, we are at 8100" I will bet you $100 we will see 10K before 7K, you have 2K point advantage on me."
No response...
Friday, October 10, 2008
my $100 bet
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2 comments:
Last week I bet my buddy a nickel the White Sox would win more post-season games than the Cubs.
I'm rich!
Damn.... at least you could be a beer or lunch or something.
or a santelli cheeseburger.
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