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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 659.00+1.0%Nov 21 4:00 PM EST
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To: Wayners who wrote (51131)5/18/2000 2:22:00 PM
From: Jacob Snyder  Read Replies (1) of 99985
 
Of course it's easy to make a mistake.

Playing the stock market is a dangerous game.

Especially with the S&P 500 at a trailing PE around 30.

Sure, there is lots of cash (including most of portfolio) sitting on the sidelines, waiting to jump back in. But I don't think it'll flow back in, as long as further 1/2% Fed hikes, without any end in sight, loom over the market. And that pile of scared cash can always get bigger.
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