The market has especially stopped making sense in the last 24 hours, as anyone who witnessed the price action during the New York afternoon Monday can attest. I’m not sure what value can be added in trying to come up with cogent explanations for what will pretty much be pure supply and demand.
Commentary will be light through the turn of the year as I embark on a boondoggle of epic proportions: I’m headed for three college football bowl games in 5 days with a group of buddies from my far-off youth. I’ll try and check in from the road, wireless web access permitting.
Posting will resume in full-force on Monday. Happy New year to all!