Hedge Funds Buying as Individuals Sell in Bull Signal (Update3) (Bloomberg)
Submitted by Big Bear on November 30, 2009 – 11:59 pmNo Comment
Nov. 30 (Bloomberg) — Hedge funds are shoveling money into stocks as individuals exit at the fastest rate in a year, a sign to professional investors that the Standard & Poor’s 500 Index is poised to extend its gains.