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.
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Maybe I am interpreting wrong
Mutual funds have seen $356b in outflows in March (thru ...
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.