Mutual fund cash-to-asset level is at a 30 year low of 4%. And the top 100 money managers own more than half of all US stocks.
This means that there may not be too much of cash 观望. The problem for the humongous money managers is how to sell their stocks to raise their cash level while not bringing down the market too much.
"大家持币观望。mm套谁去啊?"
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good point.这个让我受教了。能请教个问题么?
-先谢谢先了-
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10/11/2005 postreply
16:01:14
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I posted several days ago
-QQQoptions-
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10/11/2005 postreply
16:48:44