A diary of the thought process behind my investment decisions
Welcome Back Mom and Pops
Seeing the recent move in Apple, I suspected that the retail investor was getting back in the game. All the talk about Facebook seems to have turned retail investor attention back to the market. Up until now this was a suspicion I had but ICI reported that investors put $3.62 billion into domestic funds last week. Retail investors are notoriously bad market timers. They were removing money hand over fist late this Summer and Fall. The caveat is that after removing money for so long they still likely have some dry powder.