Saturday, August 20, 2011

Busting down the door from the inside

US markets ended the week down from 4 to 6%, and retail investors that didn’t have sense enough to get out of the market before, are running for the door. Investors pulled $23.5 billion from domestic equity funds during the week of Aug. 10, this was more than in any single entire month since 2008. That’s 4 and ½ times what has been flowing out even with the sensible people already leaving.