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Pastimes : Ask Mohan about the Market

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To: Tommaso who wrote (8970)	11/22/1997 4:09:00 PM
From: John Hunt	Read Replies (1) of 18056

Tommaso, Superbear's daily report shows only 1.8 billion of inflows to mutual funds over the past 2 weeks and this week's data is not shown yet. If I remember, it was only +0.3 billion. If so, the market is not moving up on public money into the funds. home.sprynet.com It is probably moving on the short squeeze, some foreign buying and maybe the work of the 'plunge team'. Unless the public jumps on the train, the rally must have pretty much run its course. Not too worried about the cashing in my puts. I figure most of them are written by the market makers and they just made a bundle on this short squeeze. :-)) John

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