The Dubai hiccup is over , markets are back to status qou - Bernanke crushing dollar, daytraders the world over chasing AMZN and other nutty priced stocks. SPUZ are 100% permabid - I suppose now the bulls can have a Santa rally, Why? Why the fuck not!!
If you bothered to read that CMBS article I posted last night you should not worry REITs are doing just fine today after that snappy rally yesterday afternoon - equities do not care about scary statistics and more importantly the "fund managers" buying them everyday dont either.
I want to aplogize to any readers out there who I have influenced with my negative view on things - trust me I wish I saw things differently cuz then Id be up 20% this year and not 11% - but I can only call it how I see it.
JB
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