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Pastimes : The Justa & Lars Honors Bob Brinker Investment Club -- Ignore unavailable to you. Want to Upgrade?

To: Justa Werkenstiff who wrote (449)	8/29/1998 7:57:00 AM
From: DD™	Respond to of 15132

August 31, 1998 Barrons Technical Havoc Chartists predict Dow will keep falling. Next stop 5000? interactive.wsj.com (subscription needed) DD

To: Justa Werkenstiff who wrote (449)	8/29/1998 8:29:00 AM
From: Justa Werkenstiff	Read Replies (3) \| Respond to of 15132

Market Commentary I recall last October after that big drop in the DOW how people went out of their way to buy funds the next day. They were lined up outside brokerage houses. Not this time as was evidenced by the market action. They are scared and confused. But they are not withdrawing funds at this point either. On Thursday, the net outflow from all mutual funds was 500m. Liquidity Trim Tabs concluded:" Outflow shockingly small given huge volatility. Liquidity still bullish." People are like deer caught in the headlights at this point. That is the sentiment side to this correction. Put/Call closed at .95 yesterday.