Many have looked at similarities between 2000 and 2008 in terms of peaks. The following really has nothing to do with predicting tops or bottoms but I took it from an email I got in July 2000. I am sure the joke is even older than that but here's a bet - it will resurface this summer.
Enjoy. And no, it is not "tell your wife/husband" funny. A slight chuckle and a knowing smile at best.
A man in a hot air balloon realized he was lost. He reduced his altitude and spotted a man below. He descended a bit more and shouted, "Excuse me, but can you help me? I promised a friend I would meet him an hour ago, but I don't know where I am."
The man below replied. "You are in a hot air balloon hovering approx. 30 feet above the ground. You are between 40 and 41 degrees north latitude and between 59 and 6O degrees west longitude."
"You must be an Market Technician," said the balloonist
"I am," replied the man "How did you know?"
"Well," answered the balloonist, "everything you told me is technically correct, but I have no idea what to make of your information, and the fact is I'm still lost. Frankly, you've not been much help so far."
The man below responded," You must be a Fund Manager."
"Why, yes, I am," replied the balloonist, "but how did you know?"
"Well," said the man, "You don't know where you are or where you are going. You have risen to your current position due to a large quantity of hot air.
You made a promise which you have no idea how to keep, and you expect me to solve your problem. The fact is, you are in exactly the same position you were in before we met, but now, somehow, it's my fault!"
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