http://www.bloomberg.com/apps/news?pid=20601087&sid=a5RHTwUjAisw
Archive for September, 2009
Let’s All Pile On
Sunday, September 20th, 2009$400B Long Equities, Bonds sell off First – Bob Doll
Wednesday, September 16th, 2009So the boys running Black Rock, have amassed $400B worth of global equities, and have been buying since January. Their prediction for the S&P by year end was 1025 +/- 25 pts.
Here we are. They’ve had a good year.
He was on TV talking his book tonight. My bet is, they are feeling a little over exposed since we’ve passed their target for the year. Let me ask you - a $400B buyer, when he’s done buying, what does he do?
When asked “Everything is rising; oil, gold, stocks, bonds - which sells off first?”. I stopped elipticalling and yelled at the TV….”BONDS, BONDS, BONDS!”…Bob then chimes in with a more sophisticated version of my answer.
Costa Tesoro
Tuesday, September 15th, 2009$5.9M and a place at Costa Tesoro, could be yours. The seller tells me, he’s in a hurry to sell. While, I’m not in the market for something like this right now…I’m sure most of my readers are.
If the next 36 months of trading, are as easyawesome as the last 4 …i’ll cross my fingers there is still a door for sale.