The Generalist

The Market Lately

The idea that the government can bail out everybody seems to have given the market a kick. Personally, I think this is a whole lot of frantic short covering related to the attempt by the government to fix the prices of certain securities. In my humble opinion this can only lead to more pain later. The ultimate crash will only be that much bigger for having been delayed.┬áThe fact that a ban on (all) short selling of certain industries has been imposed only seems all the more ominous to me that they are no good. If you are trading this market, or if you have investments in it, all I can tell you is – be careful out there.

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