“At this stage in the economic cycle, $10 to $20 billion would normally be flowing into domestic equity funds” rather than the billions that are flowing out, said Brian K. Reid, chief economist of the investment institute. He added, “This is very unusual.” link to full article
Many bullish comments discount the "lack of volume" since March 2009 bottom, but I find thisvery un bullish like as well as the 26 90% volume days since just April 2010 and the slim majority of those were DOWNERS! No secret why Bond Yields are near historic lows.
Another annecdote why I believe this rally is correction in ongoing bear mkt. JMHO
D
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