I keep hearing about this santa clause rally.... Hmmmmmm 70% rally in 9 months I guess isn't enough for the bulls.... I like when greed runs rampant on wallstreet.... bulls are raising their outlook like crazy....
Climbing a wall of worry? Commentary: Investors last month continued to pull money out of stock funds Consider the data, courtesy of TrimTabs Investment Research of Sausalito, CA: For the month of November, during which the Dow Jones Industrial Average rose an impressive 6.5%, the net withdrawal from domestic equity mutual funds amounted to $12.1 billion. This came on top of withdrawals during the previous months of this rally. From the beginning of March through the end of October, according to TrimTabs, the net withdrawals totaled an additional $12.9 billion. All told, therefore, from the beginning of March through the end of November, net withdrawals amounted to $25 billion. ----------------------- No one believes is why it keeps going higher. Someone needs to start the free money thread when Benny starts raising rates.