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Strategies & Market Trends : The Stock Market Bubble -- Ignore unavailable to you. Want to Upgrade?


To: Tommaso who wrote (1603)9/11/1998 2:54:00 PM
From: Greg Jung  Read Replies (1) | Respond to of 3339
 
<Well, it seems obvious to me> Money has only been
trickling out of mutual stock funds, there is always selling
but to maintain the prices we need continuous buying with new money.
Allocations have shifted and foreign accounts are getting drawn down.
Not wholesale exit, but the relative (percentage) amount of exit activity required is probably less than in 1987 to precipitate a similar liquidity crunch.

Greg