1st post and I
have "warned" of this possibly happening come a certain break
point.
“Long-term
institutional money is moving in -- regardless of the personal
views of the managers -- for reasons related to how the industry is
structured..........Institutions simply aren`t going to be able
stay on the sidelines, either. Cash positions doom them to
underperformance. And for institutions, losing money is far
preferable to underperforming. Hedge funds also have extremely high
cash levels. Hedge funds aren`t paid 2% to 20% to hold cash. Soon
they`ll be throwing in the towel and aggressively entering "at the
market" buy orders.".
One thing from that
A few things
Posted by ravun on 30th of May 2009 at 12:21 pm
1st post and I have "warned" of this possibly happening come a certain break point.
“Long-term institutional money is moving in -- regardless of the personal views of the managers -- for reasons related to how the industry is structured..........Institutions simply aren`t going to be able stay on the sidelines, either. Cash positions doom them to underperformance. And for institutions, losing money is far preferable to underperforming. Hedge funds also have extremely high cash levels. Hedge funds aren`t paid 2% to 20% to hold cash. Soon they`ll be throwing in the towel and aggressively entering "at the market" buy orders.".
Soon will be the 200 ma mark....imHo
That's exactly what i heard
Posted by gs on 30th of May 2009 at 05:15 pm
That's exactly what i heard from Cramer in November of 2007.