Zeev's Turnips Patch-No Politics (ZEEV)

[Justa Werkenstiff]

Ork: Thanks for the Russell and Lowry update. I have described this market as one of "trading places." At the beginning of this month, I speculated that the next step was the Dow to make a higher high and drag the rest of the crap up. It happened. Now the Dow has faltered on its "break out" and the Nasdaq is on top of the heap with its "break out." The trend is nowhere for the overall market.

There has ben one group of sellers -- insiders. Insiders are selling into the mutual fund inflows -- one group of buyers.