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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?


To: Wyätt Gwyön who wrote (6501)8/2/2001 2:13:30 PM
From: GraceZ  Read Replies (1) | Respond to of 74559
 
i believe this is dumb money trying to get in ahead of the "rebound".

Unfortunately the way that mutual funds are setup they have to put the money somewhere, they can't short and they have to be a certain amount invested so they can't hold all cash.

Who knows if they are right or wrong? I just know that price almost always follows money flow eventually and sentiment follows price.