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


To: Oeconomicus who wrote (19425)5/28/1998 10:19:00 PM
From: Death Sphincter  Read Replies (2) | Respond to of 94695
 
R.D. I'ma bit confused.......from the table you posted does that mean that
$13 billion net ( minus redemptions) has come in and is sitting in money markets
over the last 2 weeks?

carl



To: Oeconomicus who wrote (19425)5/29/1998 4:08:00 PM
From: Tommaso  Read Replies (2) | Respond to of 94695
 
Thanks for copying the AMG data. I can't raise the site itself right now.

Net outflow, even relatively small, may turn out to be one of the best short-term indictaors for the market.

If I am right, there should be a pretty good drop early next week. Not that $800 million is enough to pull the plug, but it is a definite sign of sentiment, of people voting with their dollars. Who those people are it would be good to know. I assume the flows include what comes in from or goes out to foreign investors as well.