From p.19 of today's F.R. :-
" ... retail investors were still buying into the market viewing the fall as an entry point, while the insitutional investors continued to offload their stakes.
Retail investors are buying more aggressively than ever."
Time for extreme caution as the big money continues to sell into the rallies.
While retail investors continue to 'aggressively buy' the so-called bargains this market has not yet reached a capitulation phase.
Expect further weakness - this is not yet the time to buy, no matter how 'cheap' stocks may appear.
They will get cheaper.
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