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To: MonsieurGonzo who wrote (1064)	1/9/1998 5:10:00 PM
From: Gerald Walls	Read Replies (1) \| Respond to of 1589

All, does INVX look like a bottom here?

To: MonsieurGonzo who wrote (1064)	1/9/1998 5:16:00 PM
From: Paul van Wijk	Read Replies (1) \| Respond to of 1589

Monsieur, I get your point and I agree with it. I think there are 2 sides of the story; On the one side there is a lot of money on the sideline, in the bonds, in the dollar etc. That money will have to flow back once. But with the drop of the stock-prices mutual funds are running out of cash. That is a pity because the funds HAVE to trade. What I'm trying to say is that the funds cannot afford to stay on the sidelines. Can you imagine a fund advertising "Put your money in fund X, because we are on the sideline so you can't lose if you put your money in our hands". So I consider the funds usually as a strong buying-power, especially "on the dips". But they run out of cash, which will make it more and more likely that we will see major drops. I'm just guessing, not pretending that the above make sense. Paul are running out of cash