Interesting Viewpoint

Charles Biederman with a very interesting take on the market. It is hard to argue with his stats, but he seems to ignore the elephant in the room – liquidity from the FED and continued pumping of the market by underinvested funds and primary dealers.

http://www.zerohedge.com/article/some-more-insider-selling-compliments-trimtabs-and-some-cigar-guy

– Jack

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