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  • Calling recent stock market action a "buying stampede" unlike anything he's seen in more than 50 years of watching markets, Jeff Saut says the investors he talks to believe the rally is "artificially induced" and is set up for a crash. The big picture: QE remains, profits have risen along with stocks, the Advance/decline line has broken out to new highs - "there is nothing in the 'tea leaves' suggesting a repeat of double-digit declines" seen in the past 3 springs. [View news story]
    If stocks decline 10% will margin calls be the catalyst to collapse the whole fascade ?
    Apr 15, 2013. 04:53 PM | 1 Like Like |Link to Comment
  • Another Tepper rally? The hedge funder remains bullish, telling CNBC he sees a 20% return for the S&P this year (we're already about halfway there), and maybe more should the economy deliver an upside surprise. SPY adds a couple of ticks, now +0.1%[View news story]
    Just like APPL going to 1000 from 725 - getting toppy
    Mar 13, 2013. 02:11 PM | 2 Likes Like |Link to Comment