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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Haim R. Branisteanu who wrote (4469)1/21/1999 9:21:00 PM
From: Monty Lenard  Read Replies (1) | Respond to of 99985
 
Over 14 Billion in Equity and MM funds this week after over 20 billion last week, and we are at the end of month.

Haim, wonder where the 20 billion went last week went to. Heck with that much money the market should be up. Or maybe we have someone stealing it before it gets to the market. Or maybe Clinton needed to use it for his legal defense fund. Or maybe his bimbo insurance premium was due. <g>

Monty



To: Haim R. Branisteanu who wrote (4469)1/21/1999 9:25:00 PM
From: NickSE  Read Replies (1) | Respond to of 99985
 
Haim,

FWIW, something to consider on this decline which some might find interesting. Fund cash levels stand at approximately 5.5%. At the '94 bottom, cash levels were 9%, over 12% at the '90 bottom, and 12% at the '87 bottom - AMGDATA.

Regards,
Nick


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