Posted By:
Jeff LichtmanYeah, Charlie, I throw in the towel! The market's response today has caused me to rethink my entire position. All is rosy, the subprime mortgage problems are gone and even Bear Stearns employees are buying their third and fourth homes today.
In all seriousness, I don't think today means anything long term -- which is why I mentioned to you previously that a one-week window was meaningnless.