It All Comes Out Later

Rember the "Tepper Rally" a week or so back, then the next Monday Paulson's comments, "stocks were right, bonds were wrong"

Well, as usual, here comes this story to explain all that. Remember I said the quarter ended last week and the funds wouldn't want to see more out flows?

Read this article

http://www.zerohedge.com/article/paulsons-advantage-plus-fund-returns-126-september-flat-year

Flat for the year means, if Paulson's fund is like most, there's a high water mark, and until they pass that high water mark, they aren't making any money. Imagine if it weren't for the September rally, this story might be talking about how another several dozen funds are closing shop.

I told you these guys always have a motive and CNBC is always their mouthpiece.