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Strategies & Market Trends : Classic TA Workplace

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To: John Madarasz who wrote (26648)	1/3/2002 11:01:45 PM
From: Les H	of 209892

In the hard to believe category, US equity funds ended November with $12.1 billion more in cash on hand than at the end of October. That was despite a $13.3 billion inflow. In other words, US equity funds did not invest any meaningful amount of cash during the 7.4% rise in net asset values during November. Also during November, the market value of all bond funds fell by 4%. trimtabs.com could be, the gains are primarily made through establishing debt, rather than infusions of cash

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