and another week of retail investors refusing to be suckered in (and joining corporate insiders who just sold a record amount of their own stock). In the week ended March 28, domestic equity mutual funds per ICI saw another $3.5 billion in equity redemptions: the biggest since the start of 2012, bring total 2012 YTD outflows to $19 billion, nearly 100% more than the outflow for the comparable period in 2011, which saw "only" $10 billion in outflows. Truly a good way to celebrate the highest artificial stock market high since December 2007. And to all the "but the money is simply going into ETFs" apologists: you are right, with one caveat: Bond ETFs! ... And of course, the TVIX.
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http://www.zerohedge.com/news/wont-be-fooled-week-either-retail-celebrates-highest-stock-prices-2007-biggest-redemption-2012
Realist - Everybody in America is soft, and hates conflict. The cure for this, both in politics and social life, is the same -- hardihood. Give them raw truth.
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