I didn’t read your blog but some sell programs went off which was expected. Like I said, the market will pull back indeed. This a healthy correction. I can see the market pulling back a lot more than current levels. Again, I think that would be healthy. But in the longer term, I have no worries. By the way, I have an inside view on what the big money is doing i.e. institutional investors. I see a major shift to alternative asset classes. But they have not abanded their core equity positions. A derivatives overlay strategy has been used in many cases. My point here is I wouldn’t be chasing any hot ideas here like I have read in this post. I’ve seen investors get really burned with this philosophy.
