The Big Boys, page-482

It's always a conundrum CG . I've been bearish for 7 years but talking bullish,enjoying the party . Before Christmas when we had stocks doing silly things the writing was on the wall but it's hard to knock back free money.

I don't think ,given the various dynamics at play ,that it will just fall over . First of all we have interest rates near zero ,secondly we have baby boomers all over the world needing to find a home for their cash . I reckon they'll just keep propping it up with lesser conviction as everything unwinds until every country is totally broke and they start to look at writing off debts ,or some other political solution.

So I see a tedious unwinding .

But either way we still have a market and you can find a way to make it work as you obviously have proven