All of the money that are in foreign held reserves and the money that was redeemed by institutions that were in hedge funds and other equities that are now sitting in 2% Treasuries and 1% money funds. They will be moving out over the next several months, since 2% is untenable. The pile of money is huge. There are mutuals that also went to cash, to preserve some part of their staple and will be slowly going back in. Public will follow, but probably six months too late. I do not think the market will reach new highs, or anything close to it, but I good decent 50% will net me much more. I can live with it.
But the hedge funds had to put it aside. It is just waiting to be re-invested. So, I'll get it on the upside.
I have another stalker! You join the long list of incessantly jealous peons like cutten, oldtrader, traderzones, landis etc etc who follow me around ET like a sick puppy. You can now hang your head in shame (if that's possible).
would love a tighter trading range. some calm days with less movement and the vix dropping below 50. don't know if we'll get it