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Fund Outflows A Signal?

Bloomberg is saying that more than $72 billion have been pulled out of US mutual funds in the last four months and almost $178 million in the 30 months.  A contrarian indicator?  Very well could be?  Very well could be although we have tremendous headwinds facing us.  However, as we see from Apple today, there is always a place to make money in techland.  Yes, I would be a buyer still. I did.  Sold Apple puts.  Word to the wise.

 

Disclosure:  Long aapl, aapl calls, short aapl puts

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