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More on the 5.3% cash balance held by portfolio managers: It's the 3rd highest read on record...

More on the 5.3% cash balance held by portfolio managers: It's the 3rd highest read on record and cash levels in this area have proven to be a decent buy signal in the past. (h/t ukarlewitz)
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Comments (2)
  • chaodonghe
    , contributor
    Comments (101) | Send Message
     
    Great! Let us see how does the market play it out!
    18 Jun 2012, 03:24 PM Reply Like
  • RobberBaron
    , contributor
    Comments (283) | Send Message
     
    Perhaps they've been selling the pops like me. I'm now over 20% cash. Waiting for another dip or late August, whichever comes first. Unfortunately I miss a round of quarterly divs this way.
    19 Jun 2012, 09:03 AM Reply Like
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