Shh.. Market's Going Higher, Let's Not Mention The Fund Flows Or Better Still Let's .....

Shh.. market's going higher, let's not mention the fund flows or better still let's ..... ask CNBC to talk about the current fund flows.

WOW!

Did Bob Pisani said that there was inflows into stock mutual funds in September???

Tide is turning?!!

Uh ah!

With that data from ICI, it would mean that we have seen 22 consecutive weeks of fund OUTflows!!!

And CNBC is telling America and the rest of the world that there's INFLOWS!

Here's the data. 22 consecutive weeks of outflows and 78 Billion withdrawn from stock equity mutual funds!



Monthly breakdowns.






5 consecutive MONTHS of outflows! Wall Street With Funds With Lesser Funds? No wonder Meredith Whitney predicts that there could be 80,000 layoffs in Wall Street!

Yeah I was expecting that data would be bad again this week but the CNBC clip certainly put everything in a nice perspective, yes?

Equity mutual fund investors are PULLING money out of their equity funds but Bob Pisani and CNBC reckons it's best to tell America and the rest of the world that investors are PUTTING money into their equity funds instead!

Irony. From a CNBC article in September 2010, 'Flash Crash' Effect: Investors Don't Trust Wall Street

• Nearly five months after the May 6 Flash Crash, many individual investors see the stock market as rigged, and they have little confidence in regulators to fix it.
  
  Most of the poll's 1,035 respondents view the market as unfair to small investors.
  In a new CNBC/Associated Press poll, 86 percent of the 1,035 respondents view the market as unfair to small investors..... ( more here )

Perhaps CNBC should ask investors if they trust CNBC!!!

Here's two nice posting to read again, Why Small Investors Have No Interest In Equities and They Just Don't Trust Wall Street

How?

What do we have?

Markets is going UP.
And Gold is going UP.
And long term treasuries is soaring!
And world markets is going UP!
And USD is falling! LOL!
And Japan is now on ZERO percent rates!
LOL!
Stock mutual fund is UP too!
Insiders selling is also UP too!
Bura Malaysia is also UP too!
LOL!

Past postings tracking the fund outflows.

• 20 Consecutive Weeks Of Fund Outflows And 71 Billion Withdrawn From Equity Funds
• More Money Redeemed From Equity Mutual Funds
• 65 Billion Outflow From Long Term Equity Funds
• 58 Billion Reason Why Americans Thinks Their Stock Market Sucks!
• Americans Pulled USD 53.279 Billion Out Of The Equity Markets
• Stocks Rally And US Equity Investors Rallied To Get Out Of the Equity Markets
• Main Street Telling Wall Street That The Equity Markets Stinks!
• Stocks Are Flying To The Orbit But Investors Keeps Cashing Out!
• Since 28th April 2010, Americans Pulled USD 42.116 Billion Out From Equities!
• more here