问题如下图：
选项：
A. 
B. 
C. 
解释：
bearish不是股价下跌吗？
NO.PZ2015120601000030 公募基金一般买入后要求尽快把现金按照IPS购买资产，只有当基金经理非常不看好后市的前提下，才会持有现金的。答案给的逻辑没懂，如果市刚筹集到新的资金，还可能是看涨后市的指标。请老师解答一下。
NO.PZ2015120601000030 mutufun表的不是反向指标吗？从哪里可以体现这一点呢。。如果cash多，将来上涨的话感觉像是正向呢
Higher-than-average cash balances in mutufun. upturn in margin but one this still below the long-term average. is correct. A large increase in the number of IPOs increases the supply of equity anif overall manremains the same, puts wnwarpressure on equities. Also, companies tento issue shares of equity when the managers believe they will receive a premium price, whiis also incator of a market top. 请问margin bt是等于bt/asset吗？
公募基金现金占比高不也是一种不看好资产现价的表现，用来防御？说明可能要进入熊市？
不太明报这道题？老师能解答一下吗
