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After the first week of trading in 2012, I was pretty ecstatic.
I don't really recall the details anymore, but I was way ahead of the S&P for those first few trading days, but had I just matched the overall market's performance I would have been happy, as the year was getting off to a good start.for everyone other than the Godless short sellers.
As the prayerful believers intone during the Passover Seder, "Daienu" - it would have been sufficient, as God is thanked for each successive miracle that he bought to a fleeing people in the desert. One such miracle would have been enough, but two? Three?
There's nothing like a series of miracles to chase a bad case of the blues.
For what it was worth, I was also hearing the fruits of my laborious efforts on air at CNBC as the crew of "Street Signs" was continually referring to their new word of the year, "Eurosis," which coincidentally enough I had submitted in response to their request for viewer submissions.
It was going to be a very good year. Miraculously so? Probably not, but as Szelhamos would say "Good enough."
Money and ego. How can you go wrong with that combination? The former feeds the latter and then if you can independently build the latter as well, all is good, as long as the ego doesn't give you a false sense of invincibility.
Then along came Ben Bernanke.