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Doug Kass Goes All In Short

im just glad to see Kass loose his azz after his childish pump on april 1, 2008 with his april fools joke. real bears dont joke because they have to actually work for their trades since the market is 90% biased long/bullish.

on april 1 2008 kass lost all respect from the bear community and its no wonder he is actually a team member of bullside pumper jim cramer.

is the market toppy/overvalued here? yes and that can go on for sometime until bulls get tired of lower returns and start taking profits.

as for the bulls and the bears recent data says 99% of traders are long and all but 2 fundies are low on cash as longs. the 2 fundies with cash are active in the bottom of the european ipo market so you know they are not 'following the herd' btw,,,,they also beat the market up and down over the past several years.

anyway,,,,,,bulls pump it until you cant find another sucker to buy and bears pump it before you short it.