ICI reports today that we have hit the 15th week in a row with mutual funds and IRA's as net sellers out of the stock market.
$48 billion in net stock sales this year from the retail investor. (The public no longer believes)
Foreign countries were net sellers last month of stocks and corporate bonds.
Nothing holding stocks up right now but hot air. (Commercial bank's high frequency trading)
Ironically the public is paying for this reckless commercial trading as any losses will be paid for with a tax payer bail out (2008) and any gains will kept at the banks in the form of huge bonuses. (2009)
Let's all pray that they do not decide to become sellers because there will be no buyers available on the other side of the trade.
The next flash crash could come any moment.