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


To: Les H who wrote (51130)5/18/2000 9:25:00 AM
From: Wayners  Read Replies (6) | Respond to of 99985
 
Yea, Maria mentioned a trim tabs report showing how much cash is poised in money market or cash accounts. I saw that report yesterday briefly. Flies in the face of what several people on this board were saying with regards to really low cash levels--basing their believe solely on mutual fund cash levels and ignoring everything else. Fundamental analysis is a dangerous game. Too easy to make a mistake.



To: Les H who wrote (51130)5/18/2000 9:28:00 AM
From: marginmike  Respond to of 99985
 
What she said was quote, "there is so much money on the sidelines that the markewt must go up" and Charles Beaterman"who has been correct all year is short term bullish"

A point of refference, they said the same thing in 29'