Agree Most think this market is moving higher due to great corporate profits and better economical conditions, but what they fail to understand is that trillions of worthless dollars being pumped in by BUBBLE ben bernanke are creating this illusion of a turnaround. There is no turnaround, this is just a market being pumped up yet again, asset bubbles are being created but again every single person is ignoring this fact until one day it finally shows itself, thats how these great times always end, this is just like 1999 however this time the BUBBLE ben bernanke is controlling the ride with trillions of worthless dollars!
Thats the question that everyone asks, every time a bubble is created the question arises what will be the result of this bubble bursting, there is no need to ask, its just going to happen like it always happens, everyone is ignoring it and when everyone is in la la la la land thats when it ends. Anyone who thinks this market is healthy is a complete fool, this isnt a real market, its become a market controlled by trillions of dollars being pumped into every economy around the world. Why cant anyone realize what is going on, they will only realize it once it surfaces and everything that shouldnt happened finally shows up....
Judging from the light volume this month there really aren't tons of buyers up here - just the absence of many large aggressive sellers. The majority of market participants are more in wait & see mode vs. just piling in with big volume. Also, unlike the Internet bubble, the general public doesn't seem to be piling into the market too much and instead somewhat missed the strong bull market.
For the U.S. you can download investor fund flow data at www.ici.org/research/stats/flows. There have been some meaningful inflows the last 3 months but it's only about 20% of the amount of money that sold equities the last 2 years. From May 2011 to December 2012, 19 out of 20 months had equity outflows.