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Technology Stocks : Dell Technologies Inc.
DELL 133.20+5.7%Nov 26 3:59 PM EST

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To: stock bull who wrote (62084)8/29/1998 5:14:00 PM
From: kemble s. matter  Read Replies (1) of 176387
 
stock bull,
Hi!! <<Kemble, its my understanding that more money is now starting to flow into Money Market funds that pay around 5 to 5.25% than are moving into equity funds. Do you have access to some hard data on flow in/out of the Mutual Funds, and where the funds go when invested>>

No, I certainly don't and don't think that anyone is qualified to comment on where these guys are putting the money at any particular time...sure plenty speculate...an opinion is an opinion....I know many many people who own Dell up here...I get somewhere between 35-50 messages each day....only one has sold their Dell...and he embarrassingly told me he "HAD TO BUY IT BACK A FEW POINTS LATER"......I feel that as long as inflation is non existent and rates are low the bull market is intact.....the Russian show is almost over...the Russian show upstaged the Asian "crisis"...if the Asian crisis was rated a 3 (1-5) scale...the Russian show is a .0002...but, it made huge headlines with the excuse of the government changing hands...thus creating another excuse : "we can sell this market off further and shake more out...pick it back up soon at incredible discount prices ...by breaking through the 10% correction barrier we can be setting a new % low ...thus, scaring more and more out that aren't accustomed to going below the 10% correction..."...of course the Naz players are also getting hit harder than they usually do with this correction..I don't for one minute believe in the bear market...that flight to 5-5.5% money markets isn't getting anyone anywhere soon...maybe the grandchildren...but, not the one "saving"...
That's the long version...Patience is the short answer.

Best, kemble
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