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Strategies & Market Trends : Zeev's Turnips - No Politics

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To: t2 who wrote (38786)3/8/2002 2:09:19 AM
From: Psycho-Social  Read Replies (1) of 99280
 
all about mutual fund inflows
Latest AMG Data: +3.4b, with majority to Small Cap & Aggressive Growth (i.e.Nasdaq). Small inflows to Tech Sector funds; 1st since w/e Jan 9th. Although the inflows are a bit smaller than last week, the mix is quite different, with Nasdaq-type funds getting half or more. Last week Global & Int'l drew the most $. The data is consistent with my view that we're near a short-term or secondary high. At the primary high, we'll probably get to the +5 to +7 billion area.
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