Just had a though out of left field.
I wonder the power of the Market Globally, when many options are available to Super fund holders these days. I mean with Institutional and Self Managed Super Funds, I know they are more flexible than they used to be. Example being, the ability to switch from Aggressive to Cash option for a Quarter.
I have this option, as do many others on this forum, but after doing a brief Google search, I was unable to find much information as to if these options are available in other countries, particualy the USA.
The title, "April Fool's Day Rally", relates to my own personal intentions to switch my Cash option back to Aggressive mode in the Quarter starting April 1st.
Has anybody else been in the Cash option for the last 2 Quarters, and intending to switch to Aggressive?
If so, what a powerful boost this could be to the markets, especially if this option is available Globally... Lot's of new money invested for at least 3 months.
That said, is it possible that the reverse effect could have contributed to the orderly correction that we have experienced over the last 2 Quarters?
Are we more powerful than we think?