Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Les H who wrote (54164)	6/14/2000 9:41:00 PM
From: Ron	Read Replies (1) \| Respond to of 99985

Getting unusually large number of short signals on tech stocks and the QQQ tonight, both on Big Easy and TC 2000. FYI

To: Les H who wrote (54164)	6/14/2000 9:52:00 PM
From: pater tenebrarum	Read Replies (1) \| Respond to of 99985

Les, regarding cash on the sidelines, and the mutual fund industry in general, i agree with R.Russell that the industry has become incredibly bloated, and that's asking for a period of consolidation as well. people may not know this, but the assets of Japan's mutual fund industry shrank by 92% (!) between late '89 and '96. and in '89, at the height of the bubble there, it took in record amounts of money, just as the US fund industry did this year. this goes to show that at times, people do indeed abandon equities for considerable periods of time. which is why the demographic argument remains highly suspect. regards, hb