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Strategies & Market Trends : Waiting for the big Kahuna
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To: Oeconomicus who wrote (19425)5/29/1998 4:08:00 PM
From: Tommaso  Read Replies (2) of 94695
 
Thanks for copying the AMG data. I can't raise the site itself right now.

Net outflow, even relatively small, may turn out to be one of the best short-term indictaors for the market.

If I am right, there should be a pretty good drop early next week. Not that $800 million is enough to pull the plug, but it is a definite sign of sentiment, of people voting with their dollars. Who those people are it would be good to know. I assume the flows include what comes in from or goes out to foreign investors as well.
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