Noah you did 3 reports on inventory on the way up (1)near 10k (2)over 10k (3)at 11k...

thx for reminding me about Noah nyc....lol :)

Looks like digs called out stevejhx in his latest post. Poor stevejhx, wrong again.

"The perma-bears expecting a one shot move down 50% were wrong and the perma-bulls that promised sideline buyers/foreigners would never let this market down were wrong."

http://www.urbandigs.com/

hows inventory in wburg and Fidi? hows the georgica looking ? dont need a report for that

JuiceMan, thanks for the link. That's a great, balanced post by Noah though unfortunately it'll be misinterpreted by both the permabulls and the permabears around here.

"The perma-bears expecting a one shot move down 50%"

Who expected a one-shot move?

And how is the guy who said we wouldn't decline trying to take a bow?

I think I called this... I said something like "when the bulls are arguing 25% not 50, I think we can officially say the bears won".

Even UD - in the same article, I guess the part you didn't read - noted worries about the other leg down, btw...

"My fear is that stimulus induced economic recoveries are usually both not sustainable and not without its unintended consequences from financing them."