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
"The wealth of another region excites their greed; and if it is weak, their lust for power as well. Nothing from the rising to the setting of the sun is enough for them. Among all others only they are compelled to attack the poor as well as the rich. Plunder, rape, and murder they falsely call empire; and where they make a desert, they call it peace."
Tacitus, Agricola
LE CAFÉ AMÉRICAIN
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Soupes, Potages et Bouillons
Potage traditionnel, consommé sophistiqué
Canapés et Apéritifs de la Maison
mardi et jeudi à la table du propriétaire
Salade Niçoise
English Breakfast
Gigot d'Agneau
Légumes rôtis
Coquilles St-Jacques
Tarte aux Tomates
Calamari
Scotch Egg
CÔTE DE BOEUF
aux champignons et pommes frites
Homard
GÂTEAU AU CHOCOLAT FONDANT
GÂTEAU AU FROMAGE
aux-bleuets
