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.
Microcap & Penny Stocks : Tokyo Joe's Cafe / Societe Anonyme/No Pennies
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: DO$Kapital who wrote (28031)12/14/1998 11:17:00 PM
From: Lane Hall-Witt  Read Replies (2) of 119973
 
There is an immense amount of cash sitting in the sidelines right now. Something like $1.4-1.5 trillion in money markets and mutual-fund cash positions, at least some of which will be looking to get into equities on a substantial dip (according to AMG Data). I think the pros have been looking for something like the impeachment to weaken the market and get a buying opportunity. A lot of them missed the Oct-Nov rally. My plan is to be patient through the impeachment fallout; then I expect to have an opportunity to buy aggressively in techs (and selectively in financials, transports, and maybe energy) and ride them up with on wave of buyers. My bet is that it'll pay to have plenty of cash on hand at the end of this week and next week as the House works through the impeachment process. I'm proceeding very conservatively in the meantime.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News