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Strategies & Market Trends : Stock Attack -- A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Chris who wrote (13681)8/3/1998 7:26:00 PM
From: NickSE  Read Replies (2) | Respond to of 42787
 
Chris,

Just caught CNBC and they reported that MF equity inflows ending this past Friday of $7.8 billion dollars as per Trim Tabs (sp). That's a staggering figure given the pessimistic tone of the market. How does this continued flow into MF's play into your market crash theory?

My SWAG: The market will drift lower until the ultimate verdict becomes known on the Clinton scandal. There are just too many negatives to justify any significant rally. If Clinton emerges unscathered, foreign money comes back in along with investors' cash sitting on the sidelines, and we easily knock out 10,000. If Clinton, takes it on the chin for the 10 count, we are in for a VERY UGLY CHRISTMAS.

Regards,
Caisson