Thursday, April 16, 2009

Strength

Market strength is amazing again today. Every dip, and I mean every dip is being bought. Tomorrow I will finally be able to get my toxic assets (April puts), off my screen. Unfortunately it looks like the banks will be holding their toxic assets indefinitely.

Commercial real estate 3x bear, SRS, continues to fall....It amazes me as commercial real estate will (javascript:void(0)eventually) be a disaster.