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To: pater tenebrarum who wrote (17789)9/12/2000 10:48:59 PM
From: LLCF  Read Replies (2) | Respond to of 436258
 
<there is the question how much money is there really on the sidelines potentially destined for the stock market. a recent (about three weeks ago) poll by Ed Hyman showed institutional investors to be at their most fully invested posture EVER....>

Exactly... I'm starting to believe that this whole 'cash on the sidelines' thing is just a 'myth'.

DAK



To: pater tenebrarum who wrote (17789)9/12/2000 11:12:54 PM
From: AllansAlias  Read Replies (2) | Respond to of 436258
 
Good posts heinz. If I read the "money on the sidelines" reassurance one more time... -g

This relates to what was discussed at one point today. As markets drift right in time, rising support comes ever closer to becoming overhead resistance. In the real world, this would mean those "less conducive conditions" you mentioned.


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