An Interesting Tidbit

I picked up this interesting tidbit from Doug Kass at RealMoneyPro
Derisked hedge funds (ISI Hedge Fund Survey reports net exposure down to 45.8%, the lowest level in two years).

It seems that mom and pops have not been the only ones selling. There is room for upside in this market if less than a disaster occurs as market participants have de-risked.

1 comment:

Onlooker from Troy said...

Very interesting.  Thanks for that info.