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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 670.92+0.1%Nov 7 4:00 PM EST

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To: lifeisgood who wrote (64423)12/16/2000 7:18:26 PM
From: Square_Dealings  Read Replies (2) of 99985
 
<<Mutual fund outflows don't evaporate. They typically go into fixed income investments (e.g., money market funds).>>

When the fund owns AAPL for example, and it closes one day at 50 something and then opens the next day under 30, the money evaporated. It didn't go into a money market to be saved for the next buying opportunity.

M.
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