Block that (gum, baling wire *and* lipsticked pig) stock market rally metaphor!
PHOTOS (from Flickr and from the left): Wall of gum, originally uploaded by Mr. Bowman;
Bottom bracket, originally uploaded by Brett L.; Pigs with lipstick, originally uploaded by megpi.
The Huffington Post and one of its columnists, Dan Dorfman, wrote yesterday about the current stock market rally, which has got its own slangy nickname that we’re awfully fond of here at AndrewsGumWorld, and that is “chewing gum rally.”
While it’s nice to be hopeful about the stock market in times like these, Dorfman quotes one online investment advisor, Mark Leibovit, who urges caution. Here’s what Dorfman wrote yesterday online (with a metphor from Leibovit that leaps from chewing gum to baling wire and, yes, lipsticked pigs):
Still, there are a lot of non-believers, among them crack online investment adviser Mark Leibovit of VRTrader.com, headquartered in Sedona, Ariz. “The market is being held together with chewing gum and baling wire,” he says. “It’s a chewing gum rally that has little chance of sticking. It’s like trying to put lipstick on a pig; that just doesn’t work.”