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Strategies & Market Trends : Waiting for the big Kahuna

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To: William H Huebl who wrote (17746)4/30/1998 9:43:00 PM
From: Tommaso  Read Replies (2) of 94695
 
Bill, maybe someone has already posted this (click on "news"):

amgdata.com

The cash flow to equities funds (and money market as well) actually turned negative.

This is a big change and may presage a down move next week. I would certainly not buy calls.

We are still a good ways from anything like a confirmed beginning of the bear, but buying calls right now is extremely risky.

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