MARKET INDEX TECHNICAL ANALYSIS - MITA Message Board

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Strategies & Market Trends : MARKET INDEX TECHNICAL ANALYSIS - MITA

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To: mishedlo who wrote (15763)	1/12/2003 3:16:12 PM
From: David Howe	Read Replies (1) of 19219

<< fund outflows just starting is not a debatable point IMO. >> Sure it is. There could easily be one or two years of outflows and then another uninterupted 15 years of inflows. I see absolutely no reason why that could not happen; even if the market continued lower for another year or more. A hundred million people in the US are working and about half of them have automatic deposits to 401k and/or stock purchase plans. A few might abandon this practice, but most will not. IMO, Dave

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