AI
| Followers | 40 |
| Posts | 13588 |
| Boards Moderated | 1 |
| Alias Born | 07/08/2002 |
Wednesday, March 05, 2003 4:22:28 AM
Chart from Scott Reamer on TheStreet.com
http://www.thestreet.com/tsc/common/images/storyimages/reamerpost.gif
Total mutual fund cash levels as percent of total assets in all equity funds worldwide since 1997. Looks like fund managers have been using a lot of their cash on hand to meet redemptions. Usually January has high inflows. But not this year. The 5 period MA is below 0 for January. So the question is, if mutual funds are low on cash, for a war or peace rally, where would the fuel come from... bonds?
Chart from Nationalist: http://home.ddc.net/ygg/inv/weekly.htm
Discover What Traders Are Watching
Explore small cap ideas before they hit the headlines.
