Any of em still in business? They've been wrong so long in so many reportables it's not funny anymore.
<i>"Any of em still in business? They've been wrong so long in so many reportables it's not funny anymore."</i> Commercials are seldom wrong... they are "the market". They scale into and out of huge positions, with much longer timeframes and pain threshholds than anyone else.
================= In the stock market ,200day moving average is still up; long term trend is up. However as far as derivatives, good point ; some small specs were long at the trending toppng area, and cut a loss. Some small specs pay atention to 50 day moving average or price; meaning most of thier trades yesterday were short. 50dma is still down; 20 day charts are down
$8 billion still flowed into mutual fund equities in March '07. Two months in recent memory that had enormous volatility are September '01 and August '98. There were -$30billion and -$12 billion outflows, respectively. Contrast that with one of the biggest 1 day spike in volatility that occured in late Feb of '07 -- which had +$8 billion inflow. Something is odd in that picture. Or, maybe there is some other explaination.