If money is moving OUT of equities, and the market goes UP……….hmmmmm

By Daniel at 6 November, 2009, 12:16 am

Equity Funds Post Outflows as Bonds Gain

Nov. 6 (Bloomberg) — Investors withdrew funds from stocks and added to bonds in the week ended Nov. 4 on concern efforts by central banks to wind down stimulus measures and rising unemployment may hurt the economic recovery, EPFR Global said.

Equity funds lost a collective $5.42 billion, with all four major emerging-market equity fund groups posting outflows for the first time since June, EPFR said in a statement today. Bond funds took in a net $3.63 billion during the week, it added.