6 days ago the DOW was under 9700 today 10363
- Thread starter S2007S
- Start date
"MONEY ON THE SIDELINES" I love that phrase for the only reason that its a completely false, yea I am sure there is money on the "sidelines", but how many times do these pathetic money managers scream that phrase when the markets are falling. Its the same nonsense every time the market falls, they start to mention the trillions and trillions of dollars waiting to be thrown back into the market to start the next huge bull run.
I heard the same fucking silly nonsense when the markets started dropping in 2007, everyone was screaming that "cash from the sidelines" would come pouring in, it never happened, the indexes dropped 50%+ since that time many were calling for money to come in from the sidelines to support every small dip that eventually turned out to be a crisis.
Enough with the talk about "money on the sidelines", its a complete joke and 99.9% false.
I heard the same fucking silly nonsense when the markets started dropping in 2007, everyone was screaming that "cash from the sidelines" would come pouring in, it never happened, the indexes dropped 50%+ since that time many were calling for money to come in from the sidelines to support every small dip that eventually turned out to be a crisis.
Enough with the talk about "money on the sidelines", its a complete joke and 99.9% false.
The real story that I did not see people talk about are the bonds. The move was ferocious the second part of last week. The action was in bonds, and not in stocks (with exception of Friday).
So from bonds action, the "cash on sideline", if any, was heading to bonds not to stocks. I agree "cash on sideline" is bull crap.
So from bonds action, the "cash on sideline", if any, was heading to bonds not to stocks. I agree "cash on sideline" is bull crap.
The SPY will retest 1000 this week for sure. All you bulls are going to get your asses handed to you on a platter.
Runningbear
Runningbear