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Re: SteveO post# 326669

Wednesday, 11/24/2004 7:29:04 PM

Wednesday, November 24, 2004 7:29:04 PM

Post# of 704019
Steve, the point was made that typically, an average "inflow" of cash into the market is around $10 B per month (when it drops under $5 B or goes negative, we typically get down markets), a sudden injection of , in essence new cash, will act as a liquidity boost to the market, countering other possible seasonal weakening effects such as tax selling, bad economic reports and rise in crude and falling dollar. Will that overcome such possible influences? I don't know, but if the reports from this weekend shopping are glowing, these by themselves could counter a lot of the negatives out there, at least short term. My bet is still taking out 2275 before the middle of February.

AZH

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