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Re: Stock Market - Bear Market

Insider,
Appreciate the point of view.
Here, in my neck of the woods, the retirees are cashing in bonds and buying stock for the dividends. They are sick and tired of the low yields while watching blus chip dividend yields ratchet up. Watching the market go up almost on a daily basis has eroded their fear of losing money in stocks. They are buying blue chip, with good divvies, exiting the bond market, after Ben's speech last week telling them that 0 interest rates will be here for a couple more years. Heck, a few of them are getting a negative yield. That really has them pissed.

When we do get a dip, I'll bet it will be short and sudden, as a lot of money is waiting for the op to buy in at lower prices to secure the yield.

Best!

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Re: Stock Market - Bear Market