Just my observation (based upon anecdotal not technical
evidence): majority of people with $$$ in the market ("everyone" as
is so commonly referred to) are NOT expecting or calling for a
serious correction or market crash; rather, they remain extremely
complacent. Overwhelming majority remain at or near fully
invested (in retirement accounts +). Yes, traders are
nervous, and rightfully so based upon technicals, but they (we)
make up a small % of total market participation.
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Just my observation (based upon
Blowoff
Posted by RichieD on 19th of Apr 2021 at 07:06 am
Just my observation (based upon anecdotal not technical evidence): majority of people with $$$ in the market ("everyone" as is so commonly referred to) are NOT expecting or calling for a serious correction or market crash; rather, they remain extremely complacent. Overwhelming majority remain at or near fully invested (in retirement accounts +). Yes, traders are nervous, and rightfully so based upon technicals, but they (we) make up a small % of total market participation.