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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: chic_hearne who wrote (46530)12/12/2000 11:01:56 AM
From: LLCF  Read Replies (1) of 436258
 
< But as long as there's mountains of cash on the sidelines, I expect trending lower with dips being bought only to end up in money heaven.>

I keep hearing this argument... Maria assured us that a 'mountain of cash' would surely HAVE to go back into the market. The last bear market we had was what late 70's into early 80's?? Anyone have any idea what cash positions did then or better yet when the market topped in the late 60's and headed down into the 70's??? I don't think we can look at bull market behaviour or the last 20 years to divine what folks will do with their cash going forward. BWTFDIK

DAK
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