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To: LLCF who wrote (181442)7/19/2002 1:35:58 PM
From: MythMan  Read Replies (2) | Respond to of 436258
 
ok, who's buying??



To: LLCF who wrote (181442)7/19/2002 1:41:08 PM
From: Tommaso  Respond to of 436258
 
Yes, but up till now, thanks to the Federal Reserve and CNBS, there have been steady inflows of new cash so they never got pinched. Lately the flow has reversed.

At bear market bottoms managers are scared to death of further redemptions and further declines, and the percentage of cash rises to 12%.



To: LLCF who wrote (181442)7/19/2002 1:46:24 PM
From: Oblomov  Read Replies (1) | Respond to of 436258
 
all my biotechs just went green...