Your Economy (No Politics)

[otraque]

Thanks as always for your Update,BW.
I note this <<Equity Fund inflows increased last week by $4.4 Bln with most finding its way into the market via ETF's>>
This i just note i could rap about this for a long time:)
The explosion of the % of money that go into and out of ETFs is one of the factors in the "Metamorphosis" going on in market dynamics.
Hedging is major in various ETFs.
I won't burn out my brain cells rapping(what few i have left), the huge hedging factor has set up a mechanism for boom/bust cycles happening more frequently, imho.
At anytime that the Big Money hedgers decide to sell into their short positions you go into a bust cycle.
The ETFers big money players(often given over to being computer controlled) do not believe in fundamentals of individual stocks but only in momentum such IF a reversal starts a down trend it can last up to 2 years.
What i am confronted with here is whether this reversal forming now will realize itself or is there to be another bullside run.
The weekly NDX has had a slight cross of 17ema below 43ema, this , ironically, can be a signal for a prolonged down trend or the point for a strong rally---last year the 17/43 touched but didn't cross at rally time.
We now have just a slight crossing so can't be viewed as a confirmation--the cautious such as i remain watching this situation intently. Thanks again Bullwinkle for your work, it is greatly appreciated by i.:)