Why The Casino Is Dangerous: There Is Nothing Below

Wednesday, August 20, 2014
By Paul Martin

by David Stockman
ZeroHedge.com
08/20/2014

The algos and chart traders are making another run at 2000 on the S&P 500, attempting to convince the wary investor one more time that buying on the dips is a no brainer. And in that proposition they are, ironically, correct. To buy this utterly manipulated market at these nosebleed valuation levels is about as brainless of an undertaking as is imaginable.

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