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Strategies & Market Trends : P&S and STO Death Blow's -- Ignore unavailable to you. Want to Upgrade?


To: DebtBomb who wrote (11485)10/18/2002 1:06:07 AM
From: t2  Read Replies (2) | Respond to of 30712
 
Equity Funds report net cash outflows of $4.1 Billion for the week ended 10/16/02 for all sectors; despite a $100 Billion + increase in assets due to market action

It may be a good contrarian signal for a continuation of the rally. I would bet that Tech funds had outflows again, just as they did all year---any possibility we are in the mirror image of the early 2000 period?

Naz gets under-owned and over-shorted---translation: the path of least resistance is up, at least for a while, imho.