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Direxion Daily Financial Bear 3X ETF Message Board

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  • fobama72 fobama72 Dec 29, 2009 9:40 PM Flag

    January?

    This is very encouraging news for a correction. People moving $ from MMs and Bonds to Equities - and buying at the TOP. This is how institutionals make money off common people - SHORTING these and forcing people to sell at lows - after having purchased at the TOP. This rally will still have legs, they need more people to get sucked in. A few more months at the MOST... (Q1 prob)

    Long-term mutual funds had their 40th week of net inflows according to the Investment Company Institute, putting the total invested at about $400 billion since the market bottom.

    Total estimated inflows were $11.33 billion in the week ended December 16, with stock funds inflows of $289 million, bond fund inflows of $10.01 billion and hybrid funds, which can invest in stocks and fixed income investments, added $1.03 billion, the Wall Street Journal reported.

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