Bill Gross said sp00z would go to 500 back in 2002.
Quote from tradersboredom:
there isn't a lot of cash in the market or what you call liquidity problem.
some funds have to have a 33% percentage of cash equivalent for withdrawals on their portfolios. a trader must have cash too.
in illiquid market cash positions are increased. very few sellers and very few buyers in this market. all stocks are trading like penny stocks. even fortune 500 company stocks are trading like penny stocks.
there are fiortune 500 securities paying 10-15% dividend dude. msft cash cow is paying 3% dividend so don't tell me about safey of bonds.
bonds is same as stocks just more liquid. there is blood and fear in the streets.
Quote from dsq:
Really?Lame excuse.NAme me one other poster that is so despised by every user here and has 9000 posts in 2 yrs?