Friday, October 25, 2013
On Bruce Springsteen, the dark side of town, on how to trade when you are on a downtown train: a true story
One of the lessons I learned early on, as a salesman on the road, returning from a long trip of selling computer software...driving in the winter...in a black hearse...just for the advertising attention...is that one should never listen to Bruce Stringsteen for more than two hours...ya those were the old days when I just placed the boom box on the front seat, with the cassette player positioned just so....and listened to those old mournful songs about the death of his hometown in Pennsylvania...
The moral I took from this for stock traders...on Friday...is that on a long downhill train...when all the ticks are down...buy on the close....
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