Reflecting on my previous post, I feel like we have all been given an incredible gift over the last two years that is completely unsustainable. Any investor/speculator that has benefitted from that gift should recognize its existence first and its potential expiration second. Cognitive dissonance at this point might lead to a “Master of the Universe” feeling right now even though none of us have had control over the decisions or $10 trillion that got us here. Be grateful for your profits but protect them from the reverse as we approach the limits of our policies. Santa comes once a year, but Bernanke and emerging reserves of $10 trillion come once in a lifetime.