Tuesday, August 20, 2013

The Bubble Lives On!

We're seeing a short-covering rally today in stocks. Wall St is still asleep!

“...a pack of lemmings looks like a group of individualists compared to Wall Street once it gets a concept in its teeth.” Warren Buffett

 “Faith in central banks today is equivalent to faith in the word dot-com in 1999 or faith in the eternal rise of housing prices in 2006.” John Mauldin