Am I going to be like one of those statistics that people refer to in nine months (when the Dow is at 17,342.28) as one of 'those' bears that made it obvious to contrarians that it was time to buy and "Thank God I did!"...I doubt it.
I tell you one thing...on CNBC today, Duncan Niederauer (head of the NYSE) said that none of the big funds or banks were taking big positions in equities. Now, I'm not sure if he meant that this has been the case during this whole 30% run up, or just recently. But I'm guessing that either way, if the big money thought that this rally were to continue, they would be buying now.
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