Yesterday after the market close I put on my bathing trunks and went to take a swim in the ocean. On my short walk I was surrounded by perhaps 50 dragonflies. That didn't bother me in the least as I know dragonflies do not bother humans and that they eat black flies and mosquitoes that do bother humans. The west wind that we have had for days brought in the flies and mosquitoes, but also their predators. Well here I was in the middle of the swarm, and it occurred to me that I was being used by the dragonflies as bait. That says a lot about their intelligence, which would also be indicated by their exceptionally large eyes. It made me wonder if I have ever been used as bait by other market participants, perhaps with less mutualism in mind.


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