ed auerbach

Markets Haven't Yet Properly Digested the Bad News

I still love the bears. Never heard of " climbing a wall of worry". Or a few customers we still have called BRIC or $3.5 Trillion in money market funds earning less than 2%. Where do you think that money is going to go guys?. You guys are the most wonderful contrary indicators. Give us a name to short. Have some balls. Or did you notice that short interest is at an all time high. Sometimes shorts have to cover. eg. thats called buying. I hope you fear mongers have acted on your fears and are short, but mostly you are all noise.

June '08: A Stock Picker's Environment

Secmaven: $3.5 trillion. Thata a lot of zeros.