Friday, October 14, 2011

Look at them scurrying back into junk bonds...

The HYG junk fund shows that once a crack head, always a crack head.  Despite the cries far and wide to hang policy makers from the yardarms, they rush back in on the bailouts; every damned time. 

If I were to conjure the nerve to get short again, this is where I might start.  Again.














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