Why isn't the dumb money coming into the market?

Discussion in 'Trading' started by capmac, Oct 18, 2006.

  1. capmac


    Where is Mom & Pop in all of this ??

    You'd think with real estate going down, Joe 6 Pick would be plowing dough left and right into the stock market. And that GOOG would be at $500 now....

    You have to wonder if the general public still cares whether Intel is up 10 cents today or down 10 cents. CNBC and the Boys on the Street are doing their best propping up the DOW and trying to lure in the dumb money.

    For now, it is making a difficult, low volatility environment for most traders. Most moves are over within the 1st hr of trading.
  2. mom amd pop put their 401k money in every month and never look back. maybe they are not so dumb.
  3. They haven't seen their brokerage statements yet.
  4. dac8555


    I think mom and pop are all tied up in real estate still.