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Non-Tech : The Critical Investing Workshop

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To: Gut Trader who wrote (17709)5/6/2000 8:26:00 PM
From: Jim Willie CB  Read Replies (1) of 35685
 
you make a good point on volume
wasnt it November99 that we first saw 1 billion Naz shares?

I dont expect to see 1.6 billion every day anytime this summer
nevertheless, compared to one month ago, volume is reduced

I saw figures that showed a decline from Feb to March,
another decline from March to April
another decline from April to present
I think this is a good thing
many daytraders were decimated
the world is a safer place without them
new daytraders will be born tomorrow though

DJIA is right, a colossal sumof$$$ left the market is April
but I disagree, in that much of it will come back
it is sitting on the sidelines
JUST LIKE IN EARLY OCTOBER
lots and lots of money is sitting on sidelines

biggest questions in my fat head are:
WILL MUTUAL FUND OUTFLOWS REVERSE AND HEAD BACK IN ???
WHERE WILL ALL THOSE MUTUAL FUND REDEMPTIONS GO ???

I sincerely doubt all that money is heading for safe CD's
when the rain has ended, and a hint of blysky returns, the money will come back
just with nowhere near the incredible force of last December

Y2K liquidity encouraged by the Fed doesnt happen very often
/ Jim
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