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Strategies & Market Trends : Stock Attack II - A Complete Analysis

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To: James Strauss who wrote (45311)6/5/2003 10:01:58 PM
From: Compadre  Read Replies (2) of 52237
 
Nicely put Jim, I happen to agree with your view. However I think there is something new (relatively new in the pass 2 or 3 year that changed the way people invest/trade.

<< Any short term corrections will be bought into with the mountains of money on the sidelines collecting 1% or less in money markets.>>

Take a look at the SPY volumes in the last few years:

moneycentral.msn.com

Here is the QQQ:

moneycentral.msn.com

They tell me that many have changed their ways of investing/trading. I am thinking that many took their money out of mutual funds to buy these issues. So when pundits say that very little money is going back into mutual funds, may be they are right. They are not going into mutual funds, they are going into the spyders.
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