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Market Currents

Tuesday, October 13, 2009
2:50 PM TweetThis
  • Despite another strong month (and September to boot!), mutual fund investors continue to pull funds ($11B) from equities. What this means, from a contrarian perspective, is that if markets were to turn down from here, "it would be one of those extremely rare occasions in which such a move was widely anticipated by the typical mutual fund investor."
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This news story has 3 comments:

  •  
    Maybe what is being anticipated is the need for money to buy food, gas, etc.
    2009 Oct 13 02:54 PM Reply
  •  
    people have been calling the market pullback for about five months now. if it does actually happen there's going to be a whole lot of people claiming to be a genius for calling it.
    2009 Oct 13 03:04 PM Reply
  •  
    Stocks go up and down so if you call for a pullback while the market is going up you have a 100% chance of being right, eventually.
    2009 Oct 13 10:18 PM Reply
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