Corporations, Institutions Buy the Dip

“Change in character” during this latest sell-off?

Nope. No change in behavior at all. A few days of rapidly deteriorating sentiment, then people cool off and the same cast of characters come in to buy the dip.

via Savita Subramanian’s Equity and Quant Strategy team at BAML…

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Clients Buy the Dip 
Bank of America Merrill Lynch – August 12th 2014

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