RE: [CANSLIM] sideline cash ???

From: "Patrick Wahl" <pjwahl@attbi.com>
Subject: RE: [CANSLIM] sideline cash ???
Date: Thu, 19 Sep 2002 17:44:08 -0600

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Wouldn't you think that for the S&P to fall by 40% or so from the top, someone had 
to sell and therefore raise cash?  I guess the flip side is someone had to take the 
other side of the sale and spend their cash.  Surprising numbers, I would have 
thought cash reserves would be higher.  Guess cash to move the market has to 
come from people stashing it in money market funds and mattresses and deciding 
to move it back into the market, because it sure isn't going to come from funds by 
the looks of those numbers.

On 19 Sep 2002 at 14:12, David Taggart wrote:

> http://tal.marketgauge.com/dvmgpro/charts/CMFCASH.HTM  While I dont agree
> with the overbought oversold levels the amounts are right.

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