ajtj99's Market Pulse

[TJ Parker]

rubbish? everyone here has (incorrectly) been looking for a bounce/countertrend rally for the last week. but there's a good reason that this hasn't occurred: as forbes noted yesterday, mutual fund + etf outflows during the first week of january alone exceeded total net inflows for all of last year. the market isn't going to bounce in the face of mutual fund redemptions.