Just when things start to get interesting- the SPX puts in its worst day since March 2nd and FX carry gets up close and personal with Ms. Kubler-Ross- Macro Man has to up and leave the market for a bit.
At last, more than two months after his moment of hubris, he's getting his ACL reconstructed today....very possibly as you are reading this.
So you'll have to excuse him from posting for a couple of days, though he intends to return when he gets off the drugs and back onto the screens.
In the meantime, he's devised a small contest to amuse readers in his absence. After introducing you to Harry and Tom last week, here's their friend Dick, who provides as good a summary as anything for the nature of the recent rally.
Your mission, should you choose to accept it, is to name the underlying that is behind Dick. The winner, who will be the first to correctly unmask Dick in the comments section, will win a prize that is literally priceless: a year's subscription to this very site!
Bonne chance, both in the contest and the market generally, and Macro Man will be back before you can say "yours, five hundred spoos."
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