Friday, June 26, 2009

Kass On Yesterday's Trading

I thought this was a good quote describing yesterday's trading from Real Money's Doug Kass.
" All in all, I would not make too much of yesterday's market advance, which, as my friend/buddy/pal, Bill Fleckenstein, stated on CNBC's "The Kudlow Report" last night , simply "earned back" Monday's market schemeissing and occurred in front of a large Russell Rebalance and quarter-end mark ups!"
http://www.thestreet.com/b/dps/te/theedge1.html {subscription may be required.}