I know the market is going down. I’m just happy it’s finally stopped going sideways. I personally don’t sell short or deal with put options (or options in general). I had quit looking at my accounts for the past six months (I’m exagerating) because it was always the same number.
Now, where is all the money going? I used to suspect that when the big money started selling, the money had to go somewhere else. That may be true to an extent, but I was reading one prospectus that said the fund could invest defensively (to put it in a nutshell), but I wonder really how many funds invest in commodities, precious metals, etc. Or do they mostly just go into cash or bonds once they’ve sold their holdings?
I clearly need to get better at reading prospectuses (or is it prospecti?).