No Capitulation Necessary
The Compound and Friends
00:00
The Fund Manager Survey - Is This a Real Market Capitulation?
The fund manager survey and for listeners that may not be aware This is real survey that a lot of people pay attention to. Cash levels are at the highest level since April 2001 your thoughts say I Mean it seems pretty pronounced to me But it hasn't worked like this kind of sentiment stuff hasn't worked all year Like we really haven't had any meaningful ReversalsYeah, I think when when I hear people talk about capitulation It's it's a The real in the sense that there's no actionable trading strategy you can ascertain from these data points.
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