SI
SI
discoversearch

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 : Keep Your Eye On The Ball - Watch List

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: TFF who wrote (1767)11/30/2000 1:02:54 AM
From: CanynGirl  Read Replies (1) of 2802
 
lol

Well, I know one thing, everyone who has called a bottom since September has been DEAD wrong. And these guys have been saying since then, "we ain't seen the bottom yet". So give credit, where credit is due.

Earnings warning season is going to be nasty. And GTW kicked it off too early.

The good news? There's way too much cash sitting on the sidelines:

dailynews.yahoo.com

Fund Watch 2: Cash Levels in Funds Rise to 6.5%, TrimTabs Says

A Monday report from liquidity tracker TrimTabs.com estimates that at the end of October, U.S. stock funds' cash stakes were at 5.5%, up from 5.1% at the end of September. The report also asserts that as of last Wednesday, the average stock fund's cash stake was at 6.5% -- a level not seen since November 1997. If the firm's estimates are accurate, U.S. stock funds have taken in some $122 billion in fresh cash since March 31, but nearly half that money has gone into cash.
.......
"I think a rally will have to happen for the money to come back," says Charles Biderman, president of TrimTabs.com. "These guys will jump in then because they'll be afraid to miss it, and they don't want to show this amount of cash at year-end."

********
If Greenie would only throw us a bone...
cg
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext