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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED -- Ignore unavailable to you. Want to Upgrade?


To: stockman_scott who wrote (36810)5/11/2001 1:13:18 AM
From: Sully-  Respond to of 65232
 
To:Shack who wrote (2386)
From: bobcor

I *like* Ameritraders buying this dip! And have I been waiting for this:
bigcharts.com.

5:15PM Flows to stock funds slow in latest week by Craig Tolliver

Inflow to stock funds slowed to $400 mln over the five-day period ending Wednesday, Mutual Funds Trim Tabs reported. Investors pumped nearly $15 bln into stock funds in the previous week. Director of Research Carl Wittnebert estimates that equity funds that invest primarily in U.S. stocks had inflows of $2.1 bln while international stock funds leaked $1.7 bln in assets. Bond funds picked up $2.4 bln in new money and hybrids added $300 million. The Santa Rosa, Calif.-based analyst tracks the daily flow of a small sampling of mutual fund companies, representing roughly 15 percent of all equity fund assets, to arrive at its weekly estimates.


Everybody who wanted to buy the dip has done so. Everybody who wanted to buy in anticipation of the fifth rate cut has done so. Now, we all sit around and stare at one another, going "Aren't you going to buy now? Fed just cut rates again. What do you mean you already bought?"

Nowhere to go but down

Message 15786094