Quote:
Originally Posted by Cowboy89
Proves that there's still a crap load of money sitting on the sidelines waiting for a percieved bottom to plough into. Today 8,000 was a psyhcological barrier for a lot of investors.
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There are lots of craploads of cash sitting on the sidelines. Even ignoring retail investors and mutual funds, the huge pension plans are sitting on tonnes of cash, just waiting. When that money enters the market, stand back. This thing is spring loaded.