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To: NickSE who wrote (26432)4/15/2000 4:54:00 PM
From: KeepItSimple  Respond to of 42523
 
>The original post was made on a different website and not on SI. Date
>reads January 31st, 2000.

That "website" is run by the person who made the claim he predicted this. Look at the homepage. It is run on one computer that is owned by the guy who made the claim.

GIVE ME A BREAK.

I can put up a webpage on my notebook computer with a BBS message system in 20 minutes, and proclaim that i've predicted everything that happened over the last 5 years.

I don't appreciate fraud from the securities analyst community, and i dont appreciate fraud from the astrology community either.



To: NickSE who wrote (26432)4/16/2000 11:09:00 PM
From: NickSE  Read Replies (2) | Respond to of 42523
 
Equity mutual-fund cash at the end of February was only 4.4%, the second lowest reading in 30 years; the only lower reading was 4.18% in April 1998.

Total cash flow was a record $53.5 billion. Fund managers invested nearly the entire amount, explaining why cash remained very low. We note that cash stood at nearly 9% at the 1994 bottom, over 12% at the 1990 bottom, nearly 12% at the 1987 bottom, and 4.6% at the 1972 top.

- Morgan Stanley


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