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Politics : Right Wing Extremist Thread -- Ignore unavailable to you. Want to Upgrade?


To: DMaA who wrote (479)1/4/2001 1:41:58 PM
From: Sedohr Nod  Respond to of 59480
 
You mean welfare, single parent homes and paid vacation days???????



To: DMaA who wrote (479)1/4/2001 1:43:26 PM
From: PROLIFE  Respond to of 59480
 
totally ignorant of the founding principles

designed you think??



To: DMaA who wrote (479)1/4/2001 1:49:21 PM
From: Neocon  Respond to of 59480
 
The lack of focus on the principles and basic mechanics of the federal system is a scandal......



To: DMaA who wrote (479)1/4/2001 2:01:02 PM
From: MulhollandDrive  Read Replies (2) | Respond to of 59480
 
DMA,

RE our conversation regarding AG's rate cut, perhaps heading off a crash?

Tuesday Was Worst Day Ever for Fund Outflows, TrimTabs.com Says
By K.C. Swanson
Staff Reporter
1/4/01 8:51 AM ET
Everyone is pointing to factors that weighed on the hearts and minds of Alan Greenspan and other Federal Reserve officials leading up to yesterday's surprise interest-rate cut.
We huddled with Charles Biderman, president of TrimTabs.com, to hear what his group found and what it means.

TSC: According to your company, Tuesday we saw the biggest outflow of money from mutual funds in history. Since a lot of people view fund flows as indicators of investor sentiment, that was a pretty bleak figure.

Biderman: Did the Fed know? The outflow was $10.7 billion for U.S. stock funds and $13.1 billion for all stock funds, U.S. and global.

TSC: Can you compare that outflow to the amount of money mutual funds took in on the first business day of January last year?

Biderman: An inflow of $1.3 billion.

TSC: What does the $13.1 billion outflow figure from Jan. 2, 2001, say about consumer sentiment?

Biderman: There was a crisis in confidence.

TSC: Can you put that number into perspective?

Biderman: Consider that the total inflow for all of November was $5.8 billion into all funds. The average monthly inflow for the first 11 months of 2000 was $27 billion for all funds.

TSC: What did fund flows look like back in 1998, prior to the last intermeeting rate cut?

Biderman: There were outflows that had been consistent. We had $5.7 billion in outflows in the period two weeks before and $3.2 billion the day before the rate cut. Back then, that was probably a record.

TSC: Do you expect to see inflows now?

Biderman: Yes.
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