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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?


To: Knighty Tin who wrote (79689)4/16/2000 6:04:00 PM
From: Tommaso  Respond to of 132070
 
Barron's wasn't to be found this morning either.

The TrimTabs people did send me a pdf file of their data. I see no reason to disbelieve them, but they are reporting enormous inflows of cash ($10 billion in a two-day period)into mutual funds, with April for this year about twice for 1999. And that's up through April 12. So there may be enough cash around for a considerable bounce on the market. To say that does not alter my views that everything, except just possibly oil and metal stocks, remains terrifically overvalued.