I wish I could write like Doug

Doug Kass is good - real good. He writes really well and is from what I have read of his market predictions one of the best there is.
I have put a link to a recent article by him below.

I am going to lost some of the secondary offerings Im aware of so that you can see how they perform tomorrow - Im more convinced then ever that the market is being held up here by the ibanks so that all of this new stock can find homes - remember these deals are a major profit source for ibanks so to keep the market bouyant is probably worth it for them.

Here are some of the names Im aware of

SPH pricing $41
HPT not known
PSB not known
FRT not known
BWP not known
BG not known

See how they do tomorrow


http://www.thestreet.com/story/10569021/1/kass-a-summary-of-my-bearishness.html

JB