MeagerBeaver

The Rally, When It Comes, Will Be a Doozy

Those charts do not indicate a bunch of cash on the sidelines.

The only chart that would count is the first one which shows only a 15% increase. In fact it shows a deceleration in MM growth during the middle of 2008

The other two charts only show the ratio of cash to market cap. Well duh, maybe the ratio spiked because market value has tanked 50% or more.

So where IS the cash? ...margin payback, unemployment, short positions, sitting in longs?

S&P 500 Breaks Out of Downtrend

And if one had drawn the line 10 days earlier we would have seen 8 days above the line in October only to see it dive below again. Better to look at moving averages 50, 200.

Thursday Outlook: Commodities, Emerging Markets

"Investors want safety and cash" Safety - yes. But Cash? The Buck Canuck has dropped 30% in the last year. How safe is that? And yet somehow bullion keeps going down too. It looks like relative wealth is being adjusted globally, massively. The idea that today's production value can be transported forward decades of time is an illusion which a retirement age guy like me fully supports, but it appears the illusion is evaporating, sniff. Back to work.