P&S and STO Death Blow's Message Board

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Strategies & Market Trends : P&S and STO Death Blow's

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To: LTK007 who wrote (15371)	11/17/2002 8:59:20 AM
From: nsumir81	Read Replies (1) of 30712

GF-So the rally is a show to keep that foreign capital in the game (maybe?), and suck Joe6P back in. Hence ignoring fundamentals. (like all bear rallies) Should work for the latter. The former? The former are more important in the bond area; that is where a lot of more money is at stake compared to equities. Far more money. In early 2002, (Feb), there were the first signs of net reduction in foreign inflows here per a Barrons article. It also mentioned the ballooning of foreign financing of the current account deficit from something like 20 % to 64 % since 1992 or so. So any exit has a big effect.

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