These sort of record low cash levels in the funds are generally indicative of a short term top in equities.
03 August 2010
Mutual Fund Cash Levels Are at Bearish Record Levels
Category:
Mutual Fund Cash Levels
Saint Michael the Archangel, defend us in battle; be our protection against the wickedness and snares of the devil. May God rebuke him, we humbly pray: and you, Prince of the heavenly host, by the power of God, thrust into Hell Satan and all of the other evil spirits who prowl about the world seeking the ruin of souls.
LE CAFÉ AMÉRICAIN
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