According to TrimTabs, equity funds that invest primarily in U.S. stocks posted an inflow of $12.0 billion, versus a revised outflow of $14.3 billion in the previous week. Equity funds that invest primarily in non-U.S. stocks had an inflow of $459 million, versus a revised outflow of $7.7 billion in the previous week. In addition, bond funds had an outflow of $274 million, versus a revised inflow of $901 million in the previous week, and hybrid funds had an outflow of $82 million, versus a revised outflow of $2.8 billion in the previous.
Last of the stragglers trying to catch the tip of the sucker rally?
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Thursday, March 19, 2009
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2 comments:
Agree. These sucker rallies are what make your average investor swear off equities forever. Or at least until the next sucker rally.
Sucker rally? You mean short covering rally.
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