Enough about the money on the sideline. This is the cheerleaders last ditch effort to pump up the market. They said the same stuff in 2008 and early 2009. But they were spewing this junk, when the market was taking a nose dive. The dummies over at CNBC cheered about the money on the sideline would come in and bid the market up. It sort of made sense then.
But now this same money is back after a market has retraced 50% from it's low, say WHAT!? Where did the money come from? Oh it must be from people earning lower wages, or it must be from the increased unemployed workers. More then likely, the new money is coming from people cashing their $25 savings bonds from their Communions, since they don't think the gov't will be able to repay them soon. This must be the source.
Here is a good article from Zerohedge about the dumb money on the sideline augment.
Here is the money flow into Rydex SPX fund. That's odd money is flowing out, how can that be the money on the sideline is suppose to be going into the market.
Here is a good article from Zerohedge about the dumb money on the sideline augment.
Here is the money flow into Rydex SPX fund. That's odd money is flowing out, how can that be the money on the sideline is suppose to be going into the market.
