Recommended Readings

• Goldman Tells Clients To Go Long Euro, $1.45 Three Month Forecast, $1.35 Stop
  Published: March 12, 2010
  Source: zero hedge - on a long enough timeline, the survival rate for everyone drops to zero
  Just because, you know, we still need the market to go up a little more so we can short the crap out of it even as we tell everyone how stocks have about 100 upside on average (link to Goldman's most recent con...
• It's Official - EU Agrees On Greece Bailout
  Published: March 12, 2010
  Source: zero hedge - on a long enough timeline, the survival rate for everyone drops to zero
  German opposition crumbles, as a Greek bailout plan is now official. We expect Portugal, Spain, Italy, Latvia, Ukraine, Bulgaria, Austria, and, finally, the UK, to line up next at the trough. And for all of you...
• From SEC Employee Rick Bookstaber "We All Know Gold Is In A Bubble"
  Published: March 9, 2010
  Source: zero hedge - on a long enough timeline, the survival rate for everyone drops to zero
  Former Bridgewater-ite (which we hear is not doing that hot lately) Rick Bookstaber, who was recently appointed at the SEC in some risk management capacity, comes out with a truly amusing rant on why gold is in...
• 6 Theories On Why the Stock Market Has Rallied
  Published: March 9, 2010
  Source: zero hedge - on a long enough timeline, the survival rate for everyone drops to zero
  There are at least 6 theories about why the stock market has rallied some 70% off its lows a year ago, even though nothing has been done to actually address the root causes of the financial crisis.What The Dumb...
• Bob Janjuah - "Hopefully, For All Our Sakes, The Bubble Bursts Sooner Rather Than Later"
  Published: March 8, 2010
  Source: zero hedge - on a long enough timeline, the survival rate for everyone drops to zero
  Submitted by the man himself in all its epilepsy-inducing grammatic glory. As always read this in parallel with Seth Klarman's lessons. In my last cmmt I said the rebound from the initial S+P sell-off (from 115...
• Merkel Provides Some Sanity To The Anti-CDS Hysteria
  Published: March 8, 2010
  Source: zero hedge - on a long enough timeline, the survival rate for everyone drops to zero
  GERMANY MERKEL: CANNOT BAN CDS MARKET OUTRIGHT GERMANY MERKEL: MIGHT NEED CDS MKT CURBS TO LIMIT SPECULATIONGERMANY MERKEL: NEED TO CHANGE EU TREATIES TO HELP MEMBERSGERMANY MERKEL: MUST MULL HOW EMU, EU CAN LE...