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 : Classic TA Workplace -- Ignore unavailable to you. Want to Upgrade?

To: mishedlo who wrote (56817)	10/17/2002 9:22:27 AM
From: rgjack	Respond to of 209892

>>How do you know MFs are at lowest cash position<< Articles I've read recently... sorry I don't save the links or articles to refer back to. Here's a recent one: Message 18119794 Nevertheless, MF withdrawals are increasing... it only stands to reason that cash is used first. The MFs will then sell off equities to get more cash as the withdrawals continue. True there still is money coming in from the 'believers'... but, at a decreasing rate as more and more people lose hope that the market will come back. Keep in mind also that many of the people that fueled the market are getting to the age that they have to consider preserving their money and will go to safer investments.

To: mishedlo who wrote (56817)	10/17/2002 9:35:04 AM
From: John Madarasz	Read Replies (1) \| Respond to of 209892

10/8/02 Worst of all, mutual fund cash levels at 4.9% are proof that Wall St. cannot manufacture anything more than a bear market rally. Both relative and absolute cash levels have declined sharply from October 2001, even as all the major indexes have gone on to new lows. cross-currents.net

To: mishedlo who wrote (56817)	10/17/2002 9:55:20 AM
From: reaper	Read Replies (1) \| Respond to of 209892

mish, this IS happening (the asset re-balancing by the pension funds and endowments). they pretty much do it like clockwork; bunch of friggin robots sending their capital to slaughter. i know some pension consultants and its happening. this can but a floor under the market for a while, but if individual and most importantly corporate (via share repurchases and cash takeovers) buying do not return it is likely to be short-lived. Cheers