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Gold/Mining/Energy : Gold Price Monitor
GDXJ 106.98+0.2%Dec 4 4:00 PM EST

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To: Alex who wrote (30354)3/19/1999 8:53:00 PM
From: PaulM  Read Replies (1) of 116795
 
DOW 10000 Attracts Mutual Fund Money at Record Pace

biz.yahoo.com

If this is true, and I bet it is, who is selling? The fix may be in.

Also especially interesting is the stat about the average mutual fund being up only 1.74% this year. Compare that with the DOW.

It's the classic end to a bull market: when it looks easy to make money, but, because of breadth, is very hard. Add some psychological quantitive hurdle--like DOW 10000--and you get a public kicking in money at the worst possible time.
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