Monday, May 4, 2009

Buy This

Pricing continues to creep into the market as major market players apply investment dollars where sellers are few. The great bail out has provided more than enough currency for trading as historic price declines may have created buy and hold opportunities. Using the metrics for measuring value over the last 25 years this would be the case, but there may be new standard for understanding asset values which will only be born out over the next several years. Just in case, the rallies of this spring have had less punch to them when compared with the days of the bull. While there is no question the pros hope to sell these purchases higher to the same public dopes they did for years, the weary masses may let the greater fool theory be applied amongst the institutional and proprietary chumps this time.