Pamplona!

Today’s market commentary from someone I read often, here.  NBER says the recession ended in June 2009. The double dippers, like the bears are in hibernation. Anecdotal news on the consumer is quite bleak so I don’t think there is anyone who expects this break-out to stick.   Therefore, it has to last long enough to suck in the last reluctant bull. How long that will take is anyone’s guess. I stuck in a few bids for November retail put options.