Waiting for the big Kahuna Message Board

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Strategies & Market Trends : Waiting for the big Kahuna

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To: William H Huebl who wrote (35140)	12/10/1998 11:51:00 PM
From: Greg Jung	Read Replies (1) of 94695

Bill, I suspect that outflow may be primarily a seasonal shift for tax/vacation/whatever reasons, anticipated by the fund managers. Sell the mutual fund now prior to declaration of capital gains, avoid a bookkeeping nightmare? type of thing. The week earlier it was only -.7b, and we didn't have much of significance in the economy news: speculation is still pretty healthy and the day's volume was slow in the downdraft. OTOH the analysts seem to be pulling out the stops, a new upgrade came in for PG just after the concerns about growth. A good drop in PG would set up well for a "flight to safety" rebound in the CPs. Greg

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