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Strategies & Market Trends : Ask DrBob

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To: Drbob512 who started this subject4/1/2004 7:12:01 PM
From: shoreco   of 100058
 
They always pick the bottom...

Two weeks ago we saw the first outflows in the market since last Summer and I wrote a post how that week (the Summer outflows) marked a very trade able bottom...

Well we had that week of outflows and then last week we had just a little inflow of 560mil and even then Mr. Market wasn't gonna let anybody get out at the top, but this week BINGO!! they came back chasing and deposited 2.8bil into US equity funds and I'll be damned if Mr. Market would allow them in near the bottom...

"Poof" We gapped up Monday just for the occasion...

Just like that "stock prices" were available for sale only this week the "sale" was over...

amgdata.com

EOM
Shoreco

PS
Small caps saw their largest inflow since May of 2002...

Did I mention the S&P600 is 3pts away from an all time high...
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