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Politics : Stockman Scott's Political Debate Porch -- Ignore unavailable to you. Want to Upgrade?


To: pogbull who wrote (8692)11/1/2002 10:15:39 AM
From: Jim Willie CB  Respond to of 89467
 
Ms Lips MariaB on CNBC got something totally backwards today
she was reviewing the TrimTabs and mutual fund flows
she said in Aug-Sept-Oct the mutual funds did not have to sell in order to meet the redemption demands from those exiting their stock funds
they thought this was positive

she got it backwards
now mutual funds have depleted cash, and will have to sell stocks, raise cash, and prepare for the next correction from this incredibly illfounded silly 20% runup

all this talk about Maria, trim, flow
got my pants fitting a bit tighter
/ jim