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Michael aka Wunderbear,
>Jack, ....wunderbear calling,..... come in please.
>On the matter of the inflated fund flow numbers you cited below here is a
>sign that things are changing quickly posted today:
NEW YORK (CNNfn) - Investors pulled a net $3 billion out of stock mutual
funds in the past week, according to Trim Tabs, a newsletter that tracks
mutual fund capital flows. If this pace continues, it could be the first
net monthly outflow since
September 1990, just before the Gulf War, said Trim Tabs research director
Carl Wittnebert. As it is, August looks like the lightest month of
stock-buying
since 1991.
One week? That's it? Given the source (CNNfn), I would rather believe
Clinton.
My private sources say the funds got more cash sitting around than they
know what to do with...a large amount is going into bonds; institutions are
buying T-Bonds hand over fist. I suspect that the outflow is going into
bonds.
Geesh, you are really grasping at straws now...
-Tony Haas
BTW, I've had enough of "liar's poker" and this thread, see ya...
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