AI
Monday, September 23, 2002 11:25:48 PM
from the guys I speak to at the trading desks, it is redemptions causing selling which sets prices. a few years ago it was like that at the bond desks. sell sell sell whack whack whack. Problem is I do not know what percent of market holdings are mutual funds or other.
are we talking about the chicken and the egg???>>>>>
there is no doubt that the public will be buying at the top and selling at the bottom, the level of the bar of any turn is the question.
mutual fund holders other than a week here or a week there have been net buyers during the whole bear market until the last couple of months.
is that a change in trend or a sign of capitulation.
are we talking about the chicken and the egg???>>>>>
there is no doubt that the public will be buying at the top and selling at the bottom, the level of the bar of any turn is the question.
mutual fund holders other than a week here or a week there have been net buyers during the whole bear market until the last couple of months.
is that a change in trend or a sign of capitulation.
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