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Stocks Plunge, Bears Still Silent


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WHY SANTA DIDNT COME TO FALL STREET THIS YEAR

 

Given the nasty bear stock conditions the Santa Rally this year was always going to be an empty stocking - not like the last two years when santa bought the fall street children lots of lovely presents.

 

Well the fall street children have been very very bad this year - hiding all their naughty losses so Santa cant see them - so Santa has no presents for them this year.

 

Except for one child - Goldmember - who got $20 Billion - some present. ph34r.gif

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Friday's sell-off was accompanied by some handsome gains in the Japanese yen and the Swiss franc.

 

Is it possible that what we saw Friday was some position closing by global carry traders ahead of the year's end?

 

Just thinking out loud here.

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