58 Billion Reason Why Americans Thinks Their Stock Market Sucks!
Wednesday, September 1, 2010
Nah.. it's not breaking news no more. Some aren't even interested in this anymore.
But.... for those who are still interested... here's the weekly update!
Americans have taken out some 4.313 Billion from the equity markets!
Here's my table keeping track of what's happening...
And yes... some 58 (57.7) Billion USD have caught the last train for the coast... the day the music ....
And if you have been counting, that's seventeen consecutive weeks that Americans have pulled out money from long term equity funds.
Seventeen yo!
And 57.7 BILLION bucks!
Yessirme!
Them Americans simply don't care! Their equity market could be flying or it could be plunging. All they want to do is they just want out!
Yeah.. value is not required! Neither is stock charts.
But for the fun of it....
DJIA
Nasdaq
S&P
The 'GREEN ZONE' shown in the charts above, indicates this seventeen weeks when Americans have pulled some 58 Billion out of their equity markets!
Yeah.. in regardless if their markets is UP or DOWN... they just WANT OUT!
ps: how ironic... some markets rally because of the US markets. :P
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