Mutual funds have seen $356b in outflows in March (thru 3/27 per
ICI). It's hard to describe how wild that is so I'll just let the
chart do the talking:
Maybe I am interpreting wrong but wouldn’t this be a good thing
in the sense that a huge amount of all of the selling power
has been expended? Not to say we can’t go lower but to show that
much in outflows would hopefully mean a huge amount of that
downward energy has been spent already.
We can all speculate (myself included) but as we have seen
- oversold can become more oversold. Just like the Ramp up
from October 2019. Market remained overbought for months
before it cracked in Feb 2020. The bias is to the bear side
until proven otherwise.
sure has been i had good friends dumped everything on that wild
down day they just couldn't take it anymore and of course we
started to get some footing in the mkt. everyone and his brother
talking about a wave 5 down for lower low since everyone is on one
side of the ship and its listing maybe mr mkt fools us think matt
mentioned this in newsletter i think its possible..
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Mutual funds have seen $356b
Posted by steve on 2nd of Apr 2020 at 11:22 am
Mutual funds have seen $356b in outflows in March (thru 3/27 per ICI). It's hard to describe how wild that is so I'll just let the chart do the talking:
Maybe I am interpreting wrong
Posted by jerkelly on 2nd of Apr 2020 at 01:09 pm
Maybe I am interpreting wrong but wouldn’t this be a good thing in the sense that a huge amount of all of the selling power has been expended? Not to say we can’t go lower but to show that much in outflows would hopefully mean a huge amount of that downward energy has been spent already.
We can all speculate (myself
Posted by ssaffer on 2nd of Apr 2020 at 01:12 pm
We can all speculate (myself included) but as we have seen - oversold can become more oversold. Just like the Ramp up from October 2019. Market remained overbought for months before it cracked in Feb 2020. The bias is to the bear side until proven otherwise.
sure has been i had
Posted by RP on 2nd of Apr 2020 at 11:29 am
sure has been i had good friends dumped everything on that wild down day they just couldn't take it anymore and of course we started to get some footing in the mkt. everyone and his brother talking about a wave 5 down for lower low since everyone is on one side of the ship and its listing maybe mr mkt fools us think matt mentioned this in newsletter i think its possible..