Replies to post #145442 on Zeev's Turnips Patch-No Politics (ZEEV)

[TJ Parker]

If I'm not in error, you stated that there was a record in flow into equity funds last month. I believe that this market has more legs since people may believe the train is leaving the station.

trimtabs's latest free report notes that fund inflows were almost exclusively into small and mid-cap funds. and they noted that that itself wouldn't power the indices higher. (that dates from late july, though.)

[Babylon]

Fisherman:

During the past 75 years the market has been down 45 times.

Could you clarify that please? I was thinking perhaps it's 45 of the last 75 September periods.... TIA

[mlsoft]

"I believe that this market has more legs since people may believe the train is leaving the station."
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fisherman...

I think you are partially correct in that some folks are certainly hoping (and others fearing) that the train is leaving the station. Personally, I believe it has not left yet but is busily boarding passengers for the trip -- southbound.

All aboard!!

mlsoft