Submitted by Tyler Durden on 08/21/2012 13:20 -0400
NASDAQ
Reality
As we noted last night, the 100bps of outperformance garnered by the NASDAQ (thanks to AAPL's exuberance) in the last 3 days was remarkable. Equally remarkable - the total compression of that 100bps of relative outperformance to zero in the last three-hours..

http://www.zerohedge.com/news/gone-180-minutes-nasdaq-falls-back-reality

Realist - Everybody in America is soft, and hates conflict. The cure for this, both in politics and social life, is the same -- hardihood. Give them raw truth.