It has now been almost three weeks since the last big subprime/liquidity/hedgefund story. So where is the doom and gloom shorts? Where is the meltdown? I thought by now the subprime would have already affected all sectors, but it hasn't. What happened? Is the credit crunch already over? Time to buy again?? Time for more LBO's? Time for more easy money? Yup you bet. This bull market is resuming in full force. If you look at a 1 year chart you can see the indexes made a perfect double bottom rebound from March 2007 lows. The selling is over. Done. To make tons of money buy EWZ leaps with a target of 70 or 75 and a 3 month expiration time. That is the best trade you can make.