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Strategies & Market Trends : Stock Attack II - A Complete Analysis
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To: donald sew who wrote (19805)9/23/2001 2:12:08 PM
From: Nazbuster  Read Replies (1) of 52237
 
re: "Was it the individual investor puking or was it the money managers who were doing the real selling? "

Don, I heard a report on the radio from Trimtabs that looked at fund redemptions and said $9+B were redeemed, but that "that does not even fall in the top 10 of redemptions." He said it was clearly institutional and professionals doing the selling in panic mode. He said that the pros are far more inclined to react emotionally than the retail investor.

I have no opinion.. just passing that along. Heard it on NPR.

EDIT: trimtabs.com
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