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Uh-oh: Smart money, dumb money …

Interesting chart from B of A – Merrill Lynch posted on Business Insider …

 

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Bottom line: Smart money is getting out of the stock market at an increasing rate … dumb (err, “individual”) money is trending back in.

And, the hedgers are, well, hedging.

Caveat investor.

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This entry was posted on December 6, 2013 at 7:07 am and is filed under Stock Market. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

One Response to “Uh-oh: Smart money, dumb money …”

  1. David Evans's avatar David Evans Says:
    December 9, 2013 at 9:06 pm | Reply

    since the reader is the dumb money, is the strategy to do the opposite of what this implies?

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