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

To: Neil_L who wrote (2175)10/16/1998 3:37:00 PM
From: Gwolf  Read Replies (2) | Respond to of 3339
 
FYI - Mutual funds saw an outflow of $11 billion in August. The Mutual fund cash level is at 5.6%. The outflow in August of '87 was $7.48 billion.

Gwolf



To: Neil_L who wrote (2175)10/16/1998 4:02:00 PM
From: Greg Jung  Respond to of 3339
 
PG I suppose it will be strong as long as we have the "cautiously bullish" mood. It is poking over a previous short-term consolidation
today we'll have to see if it can hold up. Its a market proxy to me, so if you think the DOW will be limited to 7400-8500 then expect 70 to come. If you think dow lower range raises then maybe 75 lower range for PG.

Greg


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