Well the market closed on its highs of the day - with the S&P up another 1.5%. The fact that I broke even last month (the numbers have been tallied) is in my opinion amazing - I fought this upmove tooth and nail - why Im still not sure. One of the traders I have utmost respect for is Doug Kass - he penned a piece this morning which to my reading raised some redflags. Doug almost to the day called the bottom this past March - when everyone else was wetting there beds he had covered his shorts and gotten long and said we would probably rally thru the summer - well here we are and right on cue hes getting cautious. Ill attempt to post a link to the article.
Hope everyone has a good night!
JB
http://www.thestreet.com/story/10561440/1/kass-dousing-the-fire-with-kerosene.html
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