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Politics : Ask Michael Burke

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To: Knighty Tin who wrote (58154)4/29/1999 6:58:00 PM
From: Tommaso  Read Replies (2) of 132070
 
Trim Tabs shows a pile of money coming into the market:

trimtabs.com

and AMG somewhat less:

amgdata.com

The Fed shows continued reduction in monetary aggregates--really about the same as last week. But far lower than a few months ago.

bog.frb.fed.us

Appears that people are finding money to place mostly into large-cap mutual funds. A very uneducated guess would be that these may be inexperienced first-time investors who are cautious enough to avoif the Internets and Tech stocks, but do not realize the general overvaluatiuon.
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