Monday, October 18, 2004

Sip of Lethe

In Greek mythology, the River Lethe was one of five rivers which ran through Hades, the Underworld. The dead who drank from this particular river instantly forgot their former lives on the surface and would cease to mourn their past.

Now imagine having a flask of this stuff at your side during market hours -- very handy indeed! Instant objectivity in a bottle, always at arms length when needed. Did a particularly opinionated Fed official drop the 10-yr half a handle at lunch hour with some overly explicit syllogism, leaving your stop-limit twisting in the wind? A perfect moment to spike your Big Gulp with a jigger of Lethe once you've exited at market. Those jokers at the Nymex shake you out by a tick before ramming the price up to record highs? A few drops of undiluted L. on the tongue and voila! You were never long. Better yet, you don't have a clue what CL stands for.

Adjust dosage as necessary.

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