Friday, April 1, 2011
Still Short...
I am still short. I guess I am the most stubborn bear around. You see, our economy is very sick, and has been for a long time. It may not appear sick, because the symptoms have beem masked with painkillers. (Fed's money creation) However, the underlying disease reamains, and even if it gets the proper treatment, withdrawal will be painful. http://www.rollingstone.com/politics/news/wall-streets-naked-swindle-20100405?print=true One other note: volume in this rally (since Japan sell off) has been absolutely anemic.
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