Quote Originally Posted by nickola.pazderic View Post
Aside from me, I have seen no one publicly state their returns, and I think this is reasonable. They probably vary widely. And while we share a goal, that is probably sufficient for working loosely together. Nonetheless, I'm curious what others think about the situation of fund managers in our current flat market environment?

Lastly, I'd like to direct this question to Billy and Pascal: Do you consider large in/out flows of captial into the system in any way aside from the tick by tick signals? Can either of you comment on fund managers and how they adapt to this difficult situation?
Nickola,

We don't really care about people publicly stating their results as there is no way to check the truth or lies. Once and for all, my own performance is now in line with a triple leverage IWM robot trading with 100% of my accounts since mid-March or + 13.5% and I have no intention to come back to discretionary trading soon.

About the mutual funds outflow, I will simply quote Ryan Detrick as I am in full agreement with his views at:
http://www.schaeffersresearch.com/co...ack=recapezine

"On the sentiment front, numerous indicators are displaying the kind of heavy-handed pessimism that has coincided with previous buying opportunities. Now, this doesn't count for much until the overall price action improves -- but it does suggest we have some wood for the fire should we start to bounce.

For starters, investors continue to take money out of domestic mutual funds at a near-record pace. According to the Investment Company Institute (ICI), there are now net outflows of nearly $4 billion from domestic mutual funds for the year. In fact, more than $12 billion has been yanked out during the past two weeks alone! This level of panic is consistent with recent market bottoms.

Remember, we'd already seen three straight years of equity mutual fund outflows before 2011 even started. Four straight years would be unheard of, especially when you consider some of the amazing gains we've seen during this same time frame. The sad truth is, there have been two constants during this bull market: One, higher prices; and two, the retail crowd has missed out on most of the rally. With retail-level investors bailing on stocks once again, do you really expect the rally to stop now?"Billy