this is a very interesting article.
it may make you think twice about the perceived rally we are in. is the rally a bear rally, a bull beginning, or a mirage that is going to turn very very ugly. It does help to explain some of the just ball buster spikes we've had in net institutional buying which is warped beyond belief. these levels of buying did not happen in the last bear, and only a couple times in the entire bull up to 07.
so this article poses some interesting thoughts on whats happening behind the scenes.
"Is it real, or is it memorex ?"