Thursday, April 16, 2009

The Debts of the Lenders: Foreigners Sell $5 Billion of US Equities in Feb 2009

Not surprising when you consider that February was a horrible month for
equities. This data is a lagging indicator after all.

But the bigger picture becomes more apparent after you combine this
data w/news from other sources such as comments from the NYSE
Chairman that most institutional money has sat out the March equity
rally and analysis from the inimitable writers at Zero Hedge who have
covered the quant jockeys' control of the US stock market through
dark pool operations.



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