Bottoms No Place For Fundamentals
Posted on November 13, 2008 at 11:15 AM EST
Every now and then I come across sayings or comments that capture the essence of the current economic and/or market environment. This morning I found in my inbox the following words from Paul Tudor Jones II which I strongly recommend that all investors take a moment to consider.Here are 3 excerpts from his recent comments:“When it comes to trading macro you cannot rely solely on fundamentals; you have to be a tape reader which is something of a lost art form. The inability to read a tape and spot trends is also why so many in the relative-value space ...
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