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Strategies & Market Trends : MARKET INDEX TECHNICAL ANALYSIS - MITA -- Ignore unavailable to you. Want to Upgrade?

To: Killswitch who wrote (14827)	10/17/2002 11:22:54 PM
From: eddieww	Respond to of 19219

Just means they had redemptions but their owned positions increased in value by 100b. Bagholde...er...J2P pulled a little money out in response to the terrible prior downdraft, just in time to miss this contrived rally.

To: Killswitch who wrote (14827)	10/17/2002 11:26:19 PM
From: Dan Duchardt	Read Replies (1) \| Respond to of 19219

Anyone have a clarification of what the bolded comment means? despite a $100 Billion + increase in assets due to market action This must be referring to the increased Net Asset Values of the fund units that are still owned by investors. The roughly 15% increase in the major indexes in a 4-day period increased the value of funds that remain invested rather substantially, and probably encouraged many who are fed up with the market to sell into the rally.