hey thats easy!
Go to TOOLS> RULES WIZARD
Click NEW, SELECT start from a blank rule.
Select check messages when they arrive, click NEXT,
check the condition "Flagged for action", then in the lower box, click on
ACTION. (Let it be ANY if u want all flagged messages to be moved into one
folder), click NEXT,
check "Move it to the specified folder", inthe lower box click on specfied,
give the destination folder or make a new folder.
After its done, keep clciking on NEXT until it is de-highlighted. There
would be a box there , check both the boxes asking the rule to be on
immediately and instantly on INBOX.
Click FINISH and u r done.
PHEW!
i am exhausted writing, hope it helps!
Jim