Do you have a link to that info? Thats a bold statement if guessing. Important factor that makes a difference if true. I find unlikely the retail investor is buried in the stock market at this time. If your suggesting that number may come from employee retirement plans, that would be positive for the economy. The individual investor you do not define but suggest, the retail investor is not coming back, in masses anyways, for a very long time, if ever. Its a different market for many reasons, and the market is better off if you have not noticed. Just post that that link, no blogs, real factual data.