Can someone explains to me what the passive bid is and how it was holding
values in the stock market. I was listening to Bill Fleckenstein with Adam Taggert this weekend and am trying to get my head around this topic.
@wingshooterr@capnek123 I arbitraged in and out for 4-5 years and did
accumulate good gains before I established my position. And yes, I agree, this cycle is taking much longer to get legs than I ever thought it would. I'm still
in it for the long haul though.