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Strategies & Market Trends : Waiting for the big Kahuna

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To: William H Huebl who wrote (14753)3/7/1998 7:49:00 PM
From: Haim R. Branisteanu  Read Replies (1) of 94695
 
Bill, we are at the mercy of fund managers - they know the money flow not us, they see it every morning in heir own inflow report!!

To my opinion the reason the market went up so strong Friday is that many realized that the public is sold on equities. Therefore more employment is more income and more of this goes into IRA, 401K etc and also for personal gambling (they still call it investment).

Furthermore more employment are more taxes less budget deficit - less Treasury Bonds - demand for fix income pushes interest down. The reason is that finaly the US Congress is restrained for the time being. The states mostly run budget surpluses. No demand for financing with Muni's

My two cents are that with the first weak employment report the market will decouple.

BWDIK

Haim
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