Sunday, May 01, 2005

It is that time

Time when.
  • a Money magazine survey reports that the stock market comes at the very last in a list of what Americans think is the best way to get rich now! On top of the list - real estate! No prizes for guessing what this list might have looked like back in 1999
  • Barrons has a front-page piece talking about how money managers are moving into cash and have turned bearish
  • Forbes reveals(!) that tech stock prices are still too high. Where were these guys before the decline started ?
  • Monthly fund inflow has dropped dramatically

Translation - time to buy stocks!

I generally do not care about the market or index, but when all the items mentioned above line up so well, a cosmic event must be just around the corner.


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