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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?

To: Haim R. Branisteanu who wrote (14532)	3/2/1998 5:24:00 PM
From: marcos	Read Replies (1) \| Respond to of 94695

Haim - just about 51 weeks ago there was the start of a little dip, right? Could this be related to mutual fund inflow through tax-sheltered plans winding down in March? I'm not sure how it works down there in the States, but up here we have till the first business day in March to contribute to our RRSPs (sort of like your IRAs) and count the deduction against the previous tax year. A lot of money comes in at the last minute, and they say that the funds can take up to two weeks to spend it. Then the flow slows, and sometimes reverses, like the tide. ........... cheers ................ marcos