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


To: drsvelte who wrote (16110)4/11/1998 10:38:00 PM
From: epicure  Respond to of 94695
 
Yeah, that is what I thought Bill said. Stock funds down, money markets up.



To: drsvelte who wrote (16110)4/11/1998 11:37:00 PM
From: James F. Hopkins  Respond to of 94695
 
Drsvelte: Thank YOU !..I have been there before and forgot about
it..yes it's much more up to date..
Let me mention while you see the flow in the equity funds down
from last week ( the reserves in the Money Markets is WAY UP )
that means bullish more than if it was into the equities..as that is
ready cash available..to me if it were not for other bad signs
with the Dollar and such that is an extremely bullish sign,
meaning there is money already ready..as if it had went into
equities and that MM down I would say look out for sure.
That Big run up in the MM funds is the fly in the soup to any
big sell off.
Jim