Silvernut

Great questions,

"What other investments are the higher net worth individuals moving towards if not equities or bonds?"

they are not investing in traditional investments at all, they are acting like deer looking in the headlights, totally frozen, large amounts of cash sitting on the sidelines or some just riding it out and getting grumpier by the day. I haven't placed a buy order in 2 weeks in stocks, CD's, yes, Money markets, yes, equities no.

Do you think that a sustained rally would encourage some to put money back to work in equites in the immediate future? What do you think it would take? Do you expect more selling as we get closer to tax loss time in December?

any type of rally would do wonders for sentiment in my opinion, just 2 days in a row, part 2 I speak to a lot of people doing tax planning and ther should be some selling for tax purposes in December

hope this is some help, hang in there everyone

Rams