QUOTE(Boon3 @ May 13 2013, 05:37 PM)
I think slightly different.
I listened and this is what's the market telling me.... ( you can actually see this being reflected in this forum too... sure kena flying daggers one.

)
A lot.. a lot of money... funds.... stayed out of the market because the GE factor.
Some sold all... some reduced holdings....
Now that GE is over (could there be another twist..

), those UT money... cannot continue to sit on the sidelines anymore.
Sit on the sidelines... eat what?
Overall, my listening tells me... it's a well rounded rally...and you need big money play for this to happen and my guess we are seeing the UT money getting into action.
This is why... I feel sitting still is the best action (oh - unless you think you have discover a new stock with much potential)
Sitting still is one big skill.

We wait to buy.
We wait to sell.
Be patient.
There's much gains to be made .....

Yes there is much money to be made now, i sat still for 1 week, and the 1 week gains is almost equal my total last year's gain... LOL.

Lucky me, I was collecting when we are approaching GE...
There is a lot of hot money out there..ie money with no place to go. Hence the total rally of the stock market. But however hot the money, they will eventually run out of places to put it. One day someone will scratch their head, and say wait a minute, what the heck i am buying with such high valuations and low dividend yield? Won't it be better if I put it in FD instead...
First it is the Index stocks, next the GLC and crony stocks, when those went up too high they are switching to mid PE middle cap stocks. Middle cap stocks rally is not over but it is slowing down.
Now the trend has shifted to low PE high Divvy stocks.. mostly in small caps. Wonder how long it will last.
Next they will have no more places to go...
Then..... whatever goes up must ....

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Mana your daily tipsy?
This post has been edited by gark: May 13 2013, 05:53 PM