Grand Caruso
I agree with you entirely.
I remember when the market was booming,some prophets were telling us that their was heaps of money sitting on the sidelines waiting to come into the markets! I also recall other so called analysts telling us their was heaps coming into the market from super accounts a few years back during the height of the boom!
How do these people know that this money sitting on the sides is destined for the share markets.I don't tell any body what I am doing with my money and I doubt anyone else does either.Also how do they know it is sitting on the sides in the first place? And the last question is,if it is sitting on the side both during a boom and a downturn, then when exactly, does it ever get put into the market.
Sound like another fairytale finance story to me!!!!!!
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