Monday, October 26, 2009

Some market comments

Not that it mattered but mentioned on Bob Pisani's posting: A Real Work of 'Art' — Cashin And Me
  • On the uncertainty of new cash entering the markets:

    "The amount of cash in the mutual funds is going down. So they're driving the car and the gas gauge is going down. Nobody's adding gas to them. Nobody's coming up and saying, here— here's new cash. So you're absolutely right. And that raises the question, how much more gas do they have to give to this rally."


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