Replies to post #118067 on DD Support Board and Research Team

[bar1080]

That Dec. 2016 SEC paper covered only 2012-2015 when MJ Mania attracted newbies much as Dot Com mania brought in hordes of late-90s tech players. Observe the dropoff on those charts in 2015, which has likely continued.

Note the recent influx into index funds, especially the ultra conservative Dow 30 ETFs. Some newbies do wise up.

[bar1080]

There's a buying panic in anti-pennies:

"After taking a back seat for years to ETFs based on the S&P 500 [SPDR S&P 500 ETF Trust (SPY)] and Nasdaq [PowerShares QQQ Trust (QQQ)], the SPDR Dow Jones Industrial Average ETF Trust (DIA) is having a breakout start to the year.

The fund, based on the venerable and—to some–controversial Dow Jones Industrial Average Index, is the most popular ETF so far this year, and has taken in $2.56 billion in new assets since the beginning of the year. That’s the most of any U.S.-listed ETF in 2017.

Last week alone, DIA saw inflows of $1.1 billion, an increase of 6.6% in assets under management."

Read more: http://www.nasdaq.com/article/dow-jones-index-etf-most-popular-so-far-this-year-cm747191