[转贴] 81B redemption YTD ... dumb or smart? You tell

not4weak

Although at $81billion in redemptions YTD, even an uptick eventually would be too little to late. The only marginal buyers continue to be the primary dealers (using POMO cash), desperate pension funds (getting led to the slaughter), and algos which churn stocks a few million times per day, end on a loss, but then collect liquidity rebates from the exchanges and are happy. Aside from these three, there is nobody else.Weekly flows:

Cumulative flows:

not4weak

The FED might end up holding everything.

not4weak

4# 何鸿燊

该买的都买了, 这时候还买? 不是有些晚了

not4weak

为什么这么整齐? 你不觉得有问题吗? 也许是BERNANKE看到了问题才出手的呢. BEN是想让人们回来, 可是大多的BABYBOOMERS再也不会回来了.