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Pastimes : Ask da_cheif
MVIS 1.080+2.9%Nov 7 9:30 AM EST
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To: William H Huebl who wrote (3013)7/8/2001 10:22:24 PM
From: Chip McVickar  Read Replies (1) of 8150
 
BTW Bill,

If the mutual fund industry is required to take more profits in their longterm winners like MSFT, Cisco, AOL, etc..., this October would be very nasty. Continued out flows from funds will stretch even Fidelities bank barrowing reserves to fund these redemptions.

However, the percentage of withdrawls to fund holdings against the percentage of money held by the mutual fund industry shows the out flow is still modest...., which is modestly bullish, but requires watching.
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