Archive for November, 2008

Do we bounce or fall from here ?

Saturday, November 22nd, 2008

I was chatting with a very close friend the other day, and we were talking about how much cash is sitting on the sidelines… in fact, so many hedge funds and mutual funds and regular investors are hoarding cash right now that I think there must be a massive amount of pent up buying power sitting on the sidelines just waiting to be unleashed on the market, and when that money finally does come roaring back into the market, there will be no where to go but up… since rises in demand automatically raise prices… and just as is happening now, significant lowering of demand will lower prices….

So, my brother and I had been talking about our investments or our lack thereof, and we started to really think about who is buying what investments right now… and then brother told me that he had his eyes fixed by Dr. Robert T Lin - and has highly recommended Dr. Robert T Lin as a top Lasik Eye Surgeon for Lasik Los Angeles and the surrounding areas… and then we started talking about how much money had to be invested at some point… since by nature money will keep flowing into retirement accounts and such as people continue to save for the future… of course right now, most of the smart people are in cash… and when the smart money comes back in, I think it will cause a massive, massive rise in the stock market… in fact, it is my guess that the majority of the rise will happen in a very short period of time…

Thoughts ?