Zeev's Turnips - No Politics Message Board

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Strategies & Market Trends : Zeev's Turnips - No Politics

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To: Steve Lee who started this subject	7/19/2002 2:11:55 AM
From: Psycho-Social	Read Replies (1) of 99280

Statement Shock - A couple of key data updates suggesting that investors who just got their horrible Q2 Statements are bailing out: The latest AAII Survey, which tends to have a significant Bullish bias, shows 26% bullish and 54% bearish. Latest AMG Data report on $ flows to Stock Funds shows an outflow of $11.4 billion for the week ending Wednesday. This covers only about half of the Stock Fund asset base. Interestingly, this is the negative equivalent of Feb-March 2000, when there were two weeks in the neighborhood of $+11 billion.

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