This Isn't a Bottom, It's a Disturbance in The Force [View article]
The thought of Maria squealing is certainly delightful, except of course I was short when she was squealing long, so I hated it. Now I'm naked long. Let the squealing commence till DOW 10000 where I will be short again.
Yup. All the bad debt is miraculously written off, consumers can once again tap home equity to finance consumption their incomes can't support, unemployment has peaked at 4.9%, lenders are again relaxing their lending standards. The 4-month recession of 2007-2008 is now officially over! But the whispers from banks, car dealers, and oversupply of homes that lasts into 2010 are less important than the technicals. I'm gonna go out and buy a new car. I hear I'm approved.
This Isn't a Bottom, It's a Disturbance in The Force [View article]
The Bull Is Sharpening His Horns [View article]