Thursday, June 17, 2010

Liquidity Amigos - Updated

Remember this chart of the 3 amigos from several months ago? This was a chart I used in support of an anti-inflationist, Hope '09-ending case. Again, drawn up back when it was friggin' HARD to go against the greedy, wild eyed inflation bulls on the stampede to make up their losses.

Look at the picture... beautiful. "He was on the outside... of whatever side there was" sang Dylan. In the markets, such a stance often proves fruitful.

You've gotta either love the markets, or get out of 'em. Because the misperceptions - not to mention the swings - are getting ever more pronounced.