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Technology Stocks : How high will Microsoft fly? -- Ignore unavailable to you. Want to Upgrade?


To: EepOpp who wrote (28945)8/31/1999 8:41:00 PM
From: t2  Respond to of 74651
 
where do you lookup the mutual funds' cash position?

You got me on that one. I don't know. I am just going by what Maria on CNBC says in her morning reporting from the NYSE. She makes a lot of comments like----lot of cash on the sidelines OR trimtabs saying that money keeps flowing into mutual funds.
So i try to ty in this information to what i believe an actively managed mutual fund(especially one that really tries to time the market) would have done after the July earnings run up --- leading upto October. My conclusion would have been sell a lot of their holdings in advance of a market decline.
As i don't see that happening (especially in a y2k year), I am just
GUESSING that it won't happen as there may be too many bargain hunters.
Another thing----who is redeeming their mutual funds anyways? Only those individuals who follow the market day in day out really bother with trying to time markets and of course they would invest in individual stocks anyways.

It is just my gut feeling. I am going to try to get more information on market inflows instead of just relying on Maria.