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Strategies & Market Trends : Classic TA Workplace -- Ignore unavailable to you. Want to Upgrade?

To: Paul Shread who wrote (71910)	4/23/2003 1:50:27 PM
From: John Madarasz	Read Replies (1) \| Respond to of 209892

excerpts: ...Recent inflows to equity mutual funds are very near to the levels experienced at the height of the mania ($20-$25 billion per month, projected)... ... Institutional money funds contributed $57 billion to stock purchasing in the six weeks preceding the November elections. In the few days before, and for four weeks thereafter, the amount in IMM funds grew $108 billion or 10%, indicating a booking of profits from the recent endeavor, marking a renewed decline in the U.S. dollar index, and contributing to a renewed decline in the major U.S. stock indices... ...In the week before Christmas, and unto this date, institutional money funds have declined $89 billion, seasonally adjusted or not, both are about the same... Piraz.com