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Strategies & Market Trends : Making Money is Main Objective

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To: lightwave51 who wrote (1730)1/7/2002 8:52:10 AM
From: lightwave51  Read Replies (1) of 2155
 
Stocks continue up but at the same time money is flowing out of funds.

8:21am 01/07/02 Funds get more outflows: Trim Tabs By Julie Rannazzisi
Trim Tabs estimated that all U.S. equity funds lost $4.4 billion in the two days ending Jan. 3 for a monthly rate of negative $30.8 billion. Aggressive growth funds lost $1.2 billion and technology saw outflows of $79 million. Meanwhile, bond and hybrid funds lost $744 million. Trim Tabs notes that corporate investors remain bearish and that unless this changes, there most likely isn't enough cash to around for the current rally to survive the upcoming onslaught of new offerings.
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