Same Old
August 14th, 2006 by 
reality
I haven’t been posting much because there is little to say. Markets continue to be locked in place. Watching the Nasdaq 100, 1480 is the magic number. For the last couple of months, whenever 1480 is touched the programs kick in and jam the market higher. Just look at the chart. No portfolio changes.
Nouriel Roubini warns of the potential for a 1987-style accident. Bill Fleckenstein has mentioned the same thing.
Posted in Bill Fleckenstein, Nouriel Roubini, Stocks | 