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 : Raptor's Den II -- Ignore unavailable to you. Want to Upgrade?

To: Lucretius who wrote (1285)	6/13/2003 10:52:42 AM
From: Kirk ©	Read Replies (1) \| Respond to of 3432

"is this the top? -g-" It could be for bonds which I think are having a blow off top similar to what we saw the Nasdaq do in 2000. Vanguard turns away investors from junk bond fund suite101.com I have charts there showing the fund went from a low near $5.50 last fall when the stock market bottomed to $6.25 today for a gain of about 13% The S&P500 is up over 25% since the 10/10/02 bottom as shown in the second chart. I feel money flow is far better for measuring investor sentiment than any silly poll of newsletter writers, VIX, VXN or even Elliot Waves as money flow is an actual measurement of what folks are doing with their money. Currently, by a 1.2:1 ratio, folks are buying bonds and the data reported here suite101.com shows they are buying corporate and high yield, thus chasing yield.