Clips from Fast Money Today

I was the lone voice of caution today on the desk, if you can imagine that.  We did a before and after Fed meeting thing.  I don’t think the crew understood what I was trying to say, but here it is:

Absent QE 3 we would’ve sold off hard.

Even now with QE I still want large caps, US-based and companies with big cash flow that can return it to shareholders.  I’m not biting on the junk trade.  Anyway, enjoy.

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