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Pastimes : The Justa & Lars Honors Bob Brinker Investment Club
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To: marc ultra who wrote (636)9/1/1998 6:29:00 PM
From: Justa Werkenstiff  Read Replies (1) of 15132
 
** Mutual Fund Outflow **

Yesterday, all US equity funds had a 2.0b outflow. Previous day was like .5b.

Liquidty Trim Tabs: "WE HAD A HEFTY TWO BILLION DOLLAR OUTFLOW ON MONDAY, NOT SURPRISING GIVEN A 14.1% DECLINE IN THE AVERAGE NAV OF US EQUITY FUNDS SINCE MARGIN CALL STARTED AUGUST 26TH."

NOTE: Watch Charles Biderman on CNBC Squawk Box tomorrow morning at
9:45a.m. Eastern time or 6:45a.m. Pacific time for details on fund flows.
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