it shows that the normal retail investor is still buying the dip.
Do you think the normal retail investor trades online? That URL is for the Ameritrade Online Investor Index. Maybe the normal SI Investor trades online, but IMO the normal retail investor invests through their contributions to their pension plan or invests with their stockbroker, and they don't follow the hourly or daily market direction swings. IMO the normal retail investor has a job and is the physician, the barber, the taxi driver, the small businessman, the grocer, the attorney, the accountant....someone who has a job that requires their full time attention, and not someone who follows the market on a daily basis.
IMO the large funds, and the large retail investors are not traders....and their "mind set" is not the same as the small investor who probably already has "thrown in the towel".
If an investor has money to invest, should they buy gold, invest overseas, bury their money somewhere in their backyard where it will be safe, invest in bonds or treasuries, or invest in specific stocks that pay a dividend, and are seeing new 52 week lows?
IMO some specific stocks are starting to look attractive. (time to start an unofficial bottomfishers portfolio!) |
