Another $4.099 BILLION is withdrawn from the US Equity Funds (13th consecutive week of withdrawals) and -$44.829 Billion since 5/5/10

The U.S. Equity Market is on auto-pilot and the algorithmic trading gamers continue to trade amongst themselves. Another $4.099 BILLION was withdrawn from U.S. Equity Market funds during the week ending 7/28/10.

Washington, DC, August 4, 2010 - Total estimated inflows to long-term mutual funds were $3.34 billion for the week ended Wednesday, July 28, the Investment Company Institute reported today. Flow estimates are derived from data collected covering more than 95 percent of industry assets and are adjusted to represent industry totals.

Equity funds had estimated outflows of $3.85 billion for the week, compared to estimated outflows of $1.32 billion in the previous week. Domestic equity funds had estimated outflows of $4.10 billion, while estimated inflows to foreign equity funds were $255 million.

Data for previous weeks reflect revisions due to data adjustments, reclassifications, and changes in the number of funds reporting. Historical flow data is available on the ICI website. Link to historical flows


Total Domestic Equity Flows/Week Ending (updated per ICI revisions)
-$4.099 Billion 7/28/10
-$1.525 Billion 7/21/10
-$ 3.235 Billion 7/14/10 (revised from -3.157 Billion)
-$4.176 Billion 7/7/10 (revised from -4.115 Billion)
-$303 million 6/30/10 (revised from -227 Million)
-$1.248 Billion 6/23/10
-$1.824 Billion 6/16/10
-$3.660 Billion 6/9/10
-$1.117 Billion 6/2/10
-$13.442 Billion 5/26/10
-$745 Million 5/19/10
-$7.018 Billion 5/12/10
-$2.437 Billion 5/5/10

Since May 5th, 2010, $44.829 BILLION has been withdrawn from Domestic Equity Funds. As of 7/28/10, $13.035 BILLION has been removed from domestic equity funds just in the month of July!


Dear pundits paraded around CNBC like chimps at the zoo:
The money on the sidelines is not coming into the U.S. stock market. The gamers continue to push the market higher while BILLIONS of dollars are withdrawn from the equity market. This Ponzi scheme will also end very badly. FLASH CRASH DEUX...stay tuned...