|Written by GSCR Staff
|Friday, 30 August 2013 01:37
With the last trading day of the unofficial summer season today, we thought we would lighten the mood.
As the summer trading session draws to a close and business returns to ‘normal’, financial news TV and cyber space providers will ramp up the efforts to get viewership as the audience returns. Additionally, we are entering what I consider two of the four best sports months of the year as college and NFL football are starting and the baseball pennant races and post season make September and October can’t miss TV. On a side note, the other two are obviously from early to mid March into early May with the NCAA basketball tourney, the start of baseball, the Master’s, and the Kentucky Derby. Again sports networks (there are more and more each day) and sports columnists are attempting to grab the increased audience.
Let the clichés fly! In an attempt to sound intelligent most of the so-called experts will revisit trite expressions in both stock market and sports analysis.
Here is an outstanding article from Forbes on these investing clichés and a humorous take on all of them.
One that is missing, or at least I did not see, is “Don’t step into a falling knife”. This analogy is somewhat relevant to the current market as the bears are starting to come out. The implication here is that it almost impossible to time a market bottom and you are more than likely going to be cut with the blade than catch the handle. You may hear this one if the market drops a little.
Here is another link I found for sports clichés which is actually well written.
The one I find humorous is ‘game face’. For extra credit do a Google or YouTube search with “game face bobby knight.” It is hilarious!
The football and analogous baseball expressions I did not see on the list are these two:
“It’s all about blocking and tackling”, for football, and “This team plays small ball” for baseball are two expressions that are basically saying we do not have any offensive threats here.
Let’s hope we can avoid these ourselves.
We hope everyone enjoyed the summer.
Have a great Labor Day Weekend!
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