This is beyond crazy

The Russell 2k is now up 19 out of the last 21 days - almost as good as Goldman - almost - they dont have any losing days. The SPUZ went negative for about 45 seconds this afternoon but cooler heads prevailed and stocks immediately recovered and ended up AGAIN. The beta masters, AAPL and BIDU were up to there usual tricks leaping higher and higher - boy its hard fighting this tape. Luckily some of my longs have done really well lately and we have been doing some PIPE transactions and secondary offerings.
The way the markets trading one would think we were embarking on a new age of prosperity and growth like the 1950s...stocks arent allowed to trade down - crazy - that Russell 2k stat is insane.
When the market looks like its gonna peter out it just makes another burst higher blowing out more shorts and skeptics....there are not many shorts left which IF this market ever trades lower will be a negative not a positive - they will have no bets to cover. Lots of pundits have been talking about perhaps the CDS market being banned which would cause a massive rally they say?? Im not smart enough to know if thats true. What I do know is stocks are jiggy, offerings are flying off the shelves and the fed continues to wage war against people with savings - Bernanke will not be happy until he has inflated a Greenspan worthy bubble - he wants not one penny in savings....again lets just highlight things that should give the crowd who is willing to pay ever higher stock prices pause
1)Sovereign debt issues
2)State governments being broke, Cal, Ill, MI
3)Fed funds rate can only go higher....its zero if you recall
4)The market is overvalued by a good amount unless you listen to the pundits whose job it is to push it higher
5)FDIC is broke or on its way
6)FNM and FRE are a gaping whole bleeding money
7)Banks are still marking their portfolios to fiction and not to market
8)The aholes buying SPUZ wearing 3k dollar suits dont know what the real world is like
9)Taxes are going higher - they have to - or the dollar gets reduced to nothingness take your pick
10)The higher we go without a pullback the more likely a one day debacle becomes
Need I go on??


JB