The Next Papillion, page-2

One major rule in stock investing - follow the smart money...simple

Stocks are all about ROE - both in a pure sense (NPAT on Equity) at the top end of the market, and in the growth potential sense (the ability investors believe an idea or company will achieve a good return) at this end of the market.

Investors stumping up large sums in a very very weak market tells me something