Everyone thinks that this marks the end of the rally because these guys are the smartest of tghe smart money. It is interesting, if not a viable timing tool.
Thursday, November 19, 2009
It's Time to Screw the Public Again
Yes, once again a private equity firm is ready to sell shares to the public. This time, it is the Apollo Group and I am not the only one to notice. Here is a chart to put things into perspective.
Everyone thinks that this marks the end of the rally because these guys are the smartest of tghe smart money. It is interesting, if not a viable timing tool.
Everyone thinks that this marks the end of the rally because these guys are the smartest of tghe smart money. It is interesting, if not a viable timing tool.
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Funny, I pulled Blackstone's chart also yesterday when I read the news. But don't give Blackstone too much credit for genius timing, they're the ones who bought out Zell Miller's Equity Office at the very peak of the CRE market. . .
I wonder what Trader Kirk is a contrary indicator of. . . [grin]
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