And thus the native hue of resolution
Is sicklied o'er with the pale cast of thought,
And enterprise of great pitch and moment
With this regard their currents turn awry,
And lose the name of action.
Hamlet, Act 3, Scene 1 LL91-94
On reviewing headlines over at Bloomberg a few minutes ago, this one jumped out at me:
By Daniela Silberstein and John Dawson
Oct. 9 (Bloomberg) -- The global financial crisis won't last long and emerging-market stocks are a ``wonderful opportunity'' for investors after their record rout, said Mark Mobius, executive chairman of Templeton Asset Management Ltd yada yada CONTINUES
On September 15th
Templeton's Mobius Says Merrill Deal Signals Bottom (Update2)
"....The decisions will ``go a long, long way to stabilize the situation,'' Mobius said. ``We're probably now at the bottom and it'll be a build up of confidence from here on in, if these decisions are made.''"
On August 20th
Emerging-Market Retreat Is `Overdone,' Mobius Says (Update2)
"...Mobius said he's buying as many consumer shares in emerging markets as he can."
On July 22nd
Mobius Sees `Good Bargains' in China, India Stocks (Update2)
Mobius added that he favors shares in Brazil and Russia because the two markets can still benefit from the demand for energy and other raw materials.
``Russia and Brazil are pretty much in the same position,'' Mobius said. ``Both of those areas are swimming in excess liquidity, which will drive consumer prices as well.''
Otto sez: Frankly, Mobius can "add" anything he likes to all that. Otto adds that he's screwed and desperate. The next blood on the street you see may be his.