Posted by Jason Goepfert - SentimenTrader
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“The latest monthly figures showing investors’ preference (or lack thereof) for cash have been released. Like most other months during this bear market, they showed a drop in cash levels. Unlike most other months, the rate at which that cash is dropping has picked up. This is most notable in the margin figures from the NYSE. Debt increased, cash decreased, and that pushed the “available cash” or “net worth” of investors to the worst level ever.”
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