Come to Think of It, from Victor Niederhoffer
Come to think of it, Mr. Owen's analogy of the killer whales coordinating a great wave to wash a seal to its death was exactly like the desperate bond action of Friday and so many other markets in their final throes in one direction.
Russ Sears writes:
Much ink (or bytes) have been spilled on the checkered past of Bill Gross's market timing on stocks. But one wonders how much these timed stock market jabs are a pilot fish/diversion for the perceived shark attack on bonds. I have not seen a good counting effort on either.