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Another Day, from Victor Niederhoffer

2014-06-09 ยท Victor Niederhoffer
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Another day another 10 day or all time high. Out of 610 days since the beginning of 2012, 194 of them were new 10 day highs. Is this good or bad for the future. Some words from Bejan about markets flowing to ever higher and more efficient steady state seem of resonance. But scary divergence relative to bonds.