Saw this on zerohedge, do you think things will ramp up even higher – go parabolic before reality sets in? I’m seeing more articles about a ramp up due to: mutual funds chasing performance, 3rd qtr numbers beating expectations, rising economic indicators.

I’m bearish overall but in the short-term this seems very plausible.

http://www.zerohedge.com/article/recovery-will-mirror-decline

“And as we head into the last quarter of the year, there are a lot of anxious portfolio managers who are suffering performance anxiety. What does that tell me? They’re going to go long risk assets like high yield bonds, emerging market equities and bonds, commodity currencies, commodities and high beta stocks.

I have been writing and telling everyone to keep buying the dips. There is a lot of liquidity in the system and we have not seen anything yet. When things really take off, there will still be naysayers and skeptics out there, but even they will eventually throw in the towel.”