sandythe smart money probably started bailing on the market...

sandy

the smart money probably started bailing on the market roughly 2 months ago, probably in June and will probably continue to bail for the next few months.

to enter the market with a long term view now would be the dumbest move anyone could ever make but fortunately it does take a few months for the smart money to exit, they do it without sending the market into freefall by gradually drip-feeding the buyers all the way up.

i'm convinced though, short term, the place to be is long, bubble will get bigger before smaller - 14,000 here we come.