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To: Chip McVickar who wrote (24634)6/3/1999 11:14:00 AM
From: Jerry Olson  Read Replies (2) | Respond to of 44573
 
Chip...

that's a big move from now thru tomr???? no????

why so bullish???<g>...



To: Chip McVickar who wrote (24634)6/3/1999 11:40:00 AM
From: Jimsy  Respond to of 44573
 
Chip - no don't follow mutual fund cash flows, don't know where to look for them. CNBC sometimes reports on it but haven't heard a comment lately. 1340 this week, not my bet as I think the markies are scared of a Fed tax hike possibly before June 29th meeting. They will surely want to do something to keep the markies under control going into what should be good 2nd qtr earnings.

In my opinion they will try to keep the July peak under house arrest so that the August valley isn't so deep, especially going into Y2K which may build on the August dip, then we might have tax loss selling, if things get too downdrafty.

After the Kosovos expenses Feds won't want to give up any der buxs for tax loss selling.