Waiting for the big Kahuna Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Waiting for the big Kahuna

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: GROUND ZERO™ who wrote (41215)	6/30/1999 8:07:00 PM
From: clochard	Read Replies (1) of 94695

"Are you referring to the longs or the shorts as dumb money?" I guess mostly longs by definition, as amateurs know only about going long. And since only amateurs go long at this stage of the market cycle, my conclusion is that the new money coming in is being collected by the better traders who use the money to pay their bills (as opposed to investing in the market). Thus, the market is being creamed off by good traders, drained by people investing abroad again, abandoned by cautious investors, and avoided by people approaching retirement.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next