Back when I got in the business, bond investors were waiting for rates to go back up to 15% before investing. They are still waiting… People are now waiting for the “other shoe to drop”. From InvestTech: Aug 8th- 77 to 1 declining to advancing stock ratio- higher than Oct 19th- 1987!…when the Dow declined 22% 4% moves in 5 of 6 days- last time- June 1932! Only 6 times since 1960- the…
View the full post at http://blog.t3live.com
