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Strategies & Market Trends : Ask DrBob

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To: kidl who wrote (99540)12/9/2008 4:31:13 PM
From: shadows  Read Replies (1) of 100058
 
3-month T-Bills are negative,which suggests that some/most(?)market participants would rather have cash(at any price)than anything else.
Hedge fund managers et all will have to show large cash balances at year-end,otherwise they will look like the fools that most of them really are.
Other than Tsy Bonds,every asset class will be for sale;but who's out there with a strong enough balance sheet to be the buyer-apart from the taxpayer,of course?
I'm sure your glasses are just fine,and I really do hope that its not your money going back into this market!
I have every confidence that this bear market has only just started!
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