Submitted by thetechnicaltake on 03/10/2014 13:01 -0400
Does the Federal Reserve have another rabbit to pull out of the hat?
TACTICAL – BETA is 100% FREE….get some NOW!!
Several weeks back, we noted that the “smart money” was bearish on the markets, and that higher equity prices would see even more selling extremes amongst corporate insiders. As we look at the data this week, this is exactly what has happened as the “smart money” indicator is at its most extreme degree of selling since November, 2010. See figure 1 below.