Looking at the tracker stats today, I wanted to see what percentage of folks are wading out of the ocean and heading to higher ground before the tsunami hits. I'm encouraged to see it's a pretty high number. The tide may shift back into equities if we get a July rally going, I'll be looking for that trade myself in July, but I'm hoping by early August people will be heading to shore in droves. Here's the numbers of people that are 50% or more in the G or F funds combined as of today, divided up into the four groups out of the 400 now in the tracker (with the TSP funds, indexes, and those with hidden percentages thrown out):
Top 100 - 66 of 96, or 69%
Next 100 - 59 of 92, or 64%
Next 100 - 27 of 97, or 28%
Bottom 100 - 18 of 98, or 18%
Overall, that's about 45% are now at least half in the G/F funds. As usual those at the bottom are entering the casino in large numbers to try to get back what they lost.
Evidence that points to deflation winning the battle is mounting:
"It’s frightening," said Professor Tim Congdon from International Monetary Research. "The plunge in M3 has no precedent since the Great Depression."
http://www.telegraph.co.uk/finance/e...-stimulus.html
Industrial metals and mining stocks are leading the way before gold probably peaks this summer...
http://www.financialsense.com/Market...2010/0628.html
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Re: Tsunami's Account Talk
Originally Posted by Tsunami
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