Sunday, April 27, 2014
It's about the time to be concerned
Did you receive any stock tips from colleagues at the water cooler recently?
Did anyone around you who have been bearish about stocks seem to be neutral about stocks? Or even bullish about stock market?
Did you notice some people pulling out money from EPF account to buy mutual funds?
If you look at the chart, the retails participation hitting all time high of 40% is something I have not seen in the last 5 - 6 years or perhaps about at the peak of last market top.
Foreign trading participation getting all time low of almost 10% is really telling something is not right about valuation or their risk appetite.
Old timers who have been in the stock market are really getting more and more concerned.
Posted by Turtleinvestor at 12:15 PM