Duncan Black likes to call the stock market a "dog track." These days, it's more like a carnival worker's skin joint -- the kind that loads lead in the bottom of one of those milk bottles or hides a steel beam inside the 4x4 where customers are invited to try driving a nail straight into it with a single blow.
Just remember: you can't win in a skin joint. That's what feeds the carneys.
Thursday, November 20, 2008
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