RE: [CANSLIM] sideline cash ???

From: "Edward W. Gjertsen II" <ed@macktracks.com>
Subject: RE: [CANSLIM] sideline cash ???
Date: Thu, 19 Sep 2002 15:14:13 -0500

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Housing? Mattress? The "experts" are correct; there is a lot of cash on
the sidelines.  Small tidbit.  Mutual Fund complexes are generally on a
fiscal year calendar.  Their year end is 9/30.  The buy in October sell
in May theory coincides with the fiscal year for mutual funds.  Mutual
funds are balancing their books and will start "fresh" on Oct. 1.  Think
to why most bear markets have ended in October.  So the cash is there,
just waiting, earning practically nothing, ready to be placed.
Patience, Patience, Patience  

Ed Gjertsen II
ed@macktracks.com
- -----Original Message-----
From: owner-canslim@lists.xmission.com
[mailto:owner-canslim@lists.xmission.com] On Behalf Of Kent Norman
Sent: Thursday, September 19, 2002 3:01 PM
To: canslim@lists.xmission.com
Subject: [CANSLIM] sideline cash ???

Does anyone remember how the experts were talking about all that
sideline cash waiting to get back in?

I wonder what happened to it.

Regards
Kent Norman

=====
There are 3 kinds of people in the world. Those who can count and those
who can't.

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