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Strategies & Market Trends : Technology Stocks & Market Talk With Don Wolanchuk
SOXL 47.99+3.2%Dec 8 4:00 PM EST

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To: da_cheif™ who wrote (65730)8/12/2011 1:23:52 PM
From: Winfastorlose   of 207268
 
Interesting stat in this Bloomberg article: Looks like the panic induced a lot of nervous nellies to sell.


Big Emerging Stock Outflows May Signal Buy

By Michael Patterson and Jason Webb - Aug 12, 2011 11:08 AM GMT-0400

The biggest outflows from emerging- market equity funds since January 2008 may be a signal to buy stocks at the lowest valuations in 2 1/2 years.

Investors pulled $7.7 billion in the week to Aug. 10, the third-largest withdrawal on record and about 1.1 percent of assets under management, according to research firm EPFR Global. The MSCI Emerging Markets Index jumped an average 17 percent in the six months after outflows of this magnitude during the past decade, posting gains on 11 of 12 occasions, data compiled by EPFR Global and Bloomberg show.

More here: bloomberg.com
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