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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Christine Traut who wrote (33843)	11/20/1999 9:22:00 PM
From: Dwight E. Karlsen	Read Replies (4) \| Respond to of 99985

Christine, I don't know of any sites where one can find the information you're looking for. However, I'm sure it's out there somewhere, and a specific search on a search engine would probably turn up several good sites where the info might be found. I agree that there obviously is a certain large amount of money put into index funds. The Fidelity S&P 500 index fund has probably a gargantuan asset size, and untold millions are routinely sent to it automatically. One of my bosses for example, has a certain sum sent every month to Fidelity S&P 500 index fund. He spends zero time doing any sort of financial or economic research, and isn't even aware of FOMC meetings. And he's a multi-millionaire, as opposed to me. The October sell-off caused him only minor concerns. Now multiply him by probably millions of people, and yes, you do have a point. That's why, when a company gets added to the S&P 500, it's stock usually goes up at first. It's getting added to the "golden circle", where money flows to it as certainly and predictably as the ocean tides.