The $12.1 billion taken out of mutual funds last week depleted the entire $10.4 billion investors had put into them the week before. "Mutual fund money...
The $12.1 billion taken out of mutual funds last week depleted the entire $10.4 billion investors had put into them the week before.
"Mutual fund money is performance following," says Vincent Deluard, a TrimTabs analyst. "When the market goes down they take their money out."
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