A look Back

My Dearest Moo Moo Cow,

A good Monday Morning to you. Saw this interesting commentary posted on SmartMoney.com which i thought you might be interested in. A Look Back at a Raucous Month in the Stock Market

The following paragraph is interesting, really.

• According to A.G. Edwards, $12.6 billion and $1.8 billion flowed into broad international and emerging market funds, respectively, in the weeks before the original 416-point drop. Those numbers were extraordinary. International stocks had already enjoyed a stellar 2006, returning 27%, and almost 75 cents of every dollar invested in mutual funds went chasing that performance. But January's fund flow estimates were double and even triple the amounts of some previous monthly periods. Any time that much money flows in the same direction there are bound to be some nervous investors.

Rgds