Will be great watching ONLY HFTing algos playing the markets. They all hit the panic button at once and blow each other up weeeeeeeeeeeeeeeeeeeeee I want a front row seaT!!!!!!!!!!!!!!!!!!!!!!!!!!
Submitted by Tyler Durden on 04/11/2012 16:17 -0400
Bond
Dumb Money
Goldman Sachs
goldman sachs
For the 7th consecutive week retail investors not only refuse to chase the bouncing ball, but to listen to former titans of finance, such as Goldman Sachs who on March 21 told everyone to get out of bonds and into stocks (a trade which has since been unwound for all practical aspects). Since then, as well as before then, we have seen relentless outflows from equities to the tune of $10 billion, while allocating cash precisely to bonds, as taxable bond funds saw $20 billion in inflows over the same time period. What is more notable is that despite the liquidity driven rally, one which everyone now understands is 100% fake and central bank driven, retail never got fooled and refused to be the dumb money for the duration of the "rally" - and now that the rally topped, and stocks are sliding back down, retail investors pulled out the biggest one week amount, or $4.3 billion, in the week ended April 4, from domestic equity funds per ICI. And now with every passing day, Primary Dealers - facing the prospect of no dumb money coming in to buy up the hot grenades in inventory, and with the Fed waiting until later in the year before re-entering the market in an election year, may have no choice but to sell. As usual, the first to sell, wins.
http://www.zerohedge.com/news/biggest-weekly-stock-outflow-2012-proves-retail-no-longer-dumb-money-and-nobody-listens-goldman?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+zerohedge%2Ffeed+%28zero+hedge+-+on+a+long+enough+timeline%2C+the+survival+rate+for+everyone+drops+to+zero%29
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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