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Strategies & Market Trends : Groundhog Day
QQQ 590.07+0.8%Nov 21 4:00 PM EST

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To: Jorj X Mckie who wrote (1691)4/18/2002 7:46:14 PM
From: Jorj X Mckie  Read Replies (1) of 6346
 
I posted this over on Zeev's thread.

Message 17352096
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NewVision
You highlighted this part of that article:

Inflows to Equity Funds total $7.9 Billion for the week ended 4/17/02 - the largest inflow since 5/2/01, and the largest ratio of funds reporting inflows/outflows since January.


This is the weekly chart of the COMP going back 1 year. I have marked 5/2/01 on the chart where those large inflows were last year. Right near the top.

stockcharts.com[h,a]waclyyay[pb50!b200][vc60][iub14!la12,26,9][j2625783,y]&listNum=1
Don't those large inflows account for the spike on Tuesday? Doesn't it mean that there is that much less cash on the sidelines waiting to come into the office? Doesn't it mean that we now have to come up with another big inflow of cash to drive the next spike?
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