I have read that the ratio of cash to assets in the mutual fund industry is near a low again at around 1% if my memory serves me correctly. This means that the mutual funds are almost fully invested again.

I wonder where the outstanding margin stands, after all, I do beleive that at both the Tech and 2008 crashes margin use was at an all time high in both cases. Funny coincidence that hahahahahahahahahahahahahahahaha.

It has been reported that insiders continue to sell heavily into this DOW recovery.

Looks to me that this DOW market recovery is running long in the tooth since for the most part it was manufactured on small volume.

For the moment it is being supported at around the 10,000 level but we will see how long that last.

All in my honest opinion of course.

F.F.