Rounds Not Innings

I rarely use sports analogies - they annoy me. So you can only imagine my opinion on the constant speculation about “what inning we are in.” Why baseball? Does the market action since July make you feel like you are either playing on the Field of Dreams or watching the World Series? Getting hit with a bat would probably feel something like this. Getting beaned by a 100 mph steroid filled fastball might feel like trading has felt. But as for the game itself, I find it rather slow and boring (my apologies to baseball fans). This market has not been slow or boring. If I had to come up with a comparison, it wouldn’t be baseball. I’d pick boxing. Except you are not sitting around the ring. You are in it. You are getting punched or you are trying to hit back. Headbutts? Low blows? Thumbs to the eye? Before the bell? After the bell? All of that applies to this market. What round are we in?