You sound obsessed like the other guy. Who really cares what this Igy thinks? You do I obviously since you talk about it all the time.
You sound obsessed like the other guy. Who really cares what this Igy thinks? You do I obviously since you talk about it all the time.
I look at it as an obligation to correct information designed to deceive and mislead. This Igy fellow continues to post information that has been shown to be erroneous as if it is gospel. Some readers may take him seriously and make some bad investment decisions based on his "advice". It's important to let readers know that he does not have their best interests at heart.
I am glad we have someone with your expertise to guide us. Where do you work?
montrose slim wrote:
I am glad we have someone with your expertise to guide us. Where do you work?
barista at Starbucks
Fraud Checker wrote:
montrose slim wrote:I am glad we have someone with your expertise to guide us. Where do you work?
barista at Starbucks
I'm not surprised that a barista knows more, and is more honest, than Igy.
Honesty is a rare quality on this thread, and certainly bypasses your posts.
The first half of your post gives us direction for the second half. Thanks for the heads up.
Second half will start with a fumble by the offense on their own 1 yard line.
No doubt. The offense has been fumbling since the first post in the thread.
Sp500 down 1.5% from all time highs
VIX up 40% or more.
that's the strength of this market - it has so few believers. There is clearly a huge amount of money that could come into this market. We aren't anywhere near the point where all teh money is already here. The way the VIX rockets shows that.
Yes the old "cash sidelines" argument. A rather foolish concept, since any money that comes in to buy stocks immediately turns to cash to the seller. There is no cash on the sidelines.
He was referring to investors not being fully invested. For example, I have some funds in money market funds waiting for a possible better time to invest those funds. This is not unusual in the investment world.
It does not change the money out of the market.
Selling at higher prices increases the money out of the market.
No it does not.
This is correct. However, that doesn't change the fact that some investors have cash currently not invested.
So what? On the other side of the ledger is investors that have borrowed money to buy stock. The equation of buy and sellers has not changes. And the concept of "cash on the sidelines" is one of those myths that in fact does not exist.
False. It would only be a myth if the volume of investable assets was fixed, but it is not.
No you are wrong, because for every buyer of an investable asset there is a seller. Therefore, the transactions net. It is a myth you are welcome to believe in, but it is a myth.
Not always true. Google "IPO" and learn yourself up.