Friday's Lounge - Relax & Wind Down ( Charts ), page-146

Another Chart of Interest - this time from Schaeffer Research:



Schaeffer comment:

The National Association of Active Investment Managers (NAAIM) survey asks active investment managers what their current equity exposure is on a weekly basis. Historically, when they have low exposure, it indicates there is a lot of cash that could flow into the market. This week, the exposure index nose-dived to 9.97%, which is the lowest level since Oct. 12, 2011. As you can see on the chart below, this period was a nice time to be long the market.

Redbacka