Why The Casino Is Dangerous: There Is Nothing Below
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.
The Rest…HERE