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


To: P.T.Burnem who wrote (26588)9/5/1998 10:28:00 AM
From: Follies  Respond to of 94695
 
I don't trust CNBC reporting on fund flow. They intermix TrimTabs and AMG. AMG reported net ouflows of -1.9B for the week and the chart of the last four weeks is straight down.

amgdata.com

(select visual money flow)

I would like to find out net stock purchases/sales for funds. Anyone ever seee that published?

I think funds do not have cash to be buying much in the market, I don't see a turn yet, my indicators say more downside.

Jerry Favors covered 1/2 his shorts (sounded like he puked his shorts on whipsaw Tuesday) and will be going 100% short on a break of 7400. Next stop 6933, if that breaks then on to 6300.