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


To: James F. Hopkins who wrote (24059)8/12/1998 12:58:00 PM
From: Major Tom  Read Replies (3) | Respond to of 94695
 
Question: If we had a market catastrophy and say massive amounts of people on a given day called up there mutual fund companies and told them to sell. Mutual fund prices are figured at the end of the day prices. Now the next day if the mutual fund companies sell there holdings in massive quantities of stocks to cover the previous day withdrawels the stock prices would plummet, and could there not then be a problem with the mutual fund companies having enough money to cover the previous day mutual fund closing prices.
Major Tom



To: James F. Hopkins who wrote (24059)8/12/1998 1:54:00 PM
From: Monty Lenard  Read Replies (1) | Respond to of 94695
 
Jim, sorry I am so long getting back to you but got tied up on
another project. Here are the 10 Day Avgs you wanted. I went ahead
and ran the SP600. Also note that I ran 7/17/98 and 4/3/98 (the 2
prior tops)

NYSE NYSE NASD NASD SP500 SP500 SP600 SP600
Date #> %> #> %> #> %> #> %>
4/3/98 1817 59.9% 2896 52.0% 347 69.4% 382 63.7%
7/17/98 1506 49.7% 2620 47.1% 261 52.2% 288 48.0%
7/30/98 736 24.3% 1530 27.5% 146 29.2% 136 22.7%
7/31/98 617 20.3% 1376 24.7% 92 18.4% 94 15.7%
8/3/98 579 19.1% 1198 21.5% 98 19.6% 81 13.5%
8/4/98 399 13.2% 887 15.9% 30 6.0% 55 9.2%
8/5/98 399 13.2% 855 15.4% 49 9.8% 81 13.5%
8/6/98 572 18.9% 1282 23.0% 99 19.8% 170 28.3%
8/7/98 980 32.3% 1804 32.4% 148 29.6% 310 51.7%
8/10/98 905 29.8% 1878 33.7% 137 27.4% 271 45.2%
8/11/98 583 19.2% 1314 23.6% 83 16.6% 160 26.7%

Monty