Almost 10 days now of very high values traded on the ASX.
Is this really the 'dumb money' making a late appearance as some market observers suggest?
Is it the institutions baling out their rebound positions with the public's pension funds, or fresh institutional cash coming into the market?
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On a side note, Barclays funds, (which must be in some kind of strife judging by all the stocks they have been dumping recently?) is being acq by blackrock for $13b which will then control 2.7 Trillion dollars of funds.
Arent there anti-trust laws to stop these kinds of monopolies? Looks like these meathead institutional investors will be able to manipulate the market to an even greater degree from now on. All for the greater good, I am sure.
