Courtesy of Dennis Ng

I observed that markets typically bottomed when:

1. most people have run out of Cash to invest AND
2. the remaining who have Cash are too afraid to invest.

Looking around, I think I still find many people with Cash to invest....that's why I think markets have not bottomed yet.

Above is my unsophisticated view. I might be totally wrong.

Comments

Popular posts from this blog

Do you want to get into Goldman Sachs?

Financial Advice for Fresh College Grads

Is Diversification A Strategy Of The Past?