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Non-Tech : General Electric (GE)
GE 285.33-0.6%Dec 9 3:59 PM EST
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To: Arthur Tang who wrote (1822)3/28/2001 9:46:18 AM
From: Hungry Investor  Read Replies (1) of 3256
 
Arthur,

i believe, and someone can correct me with actual figures if they like, that most of the 401(k) money right now is going into cash, not stocks. most are still scared to the point where they will not risk their retirement in the equity markets. not now at least. additionally, the funds flow may be negative this next month as people pull out funds to pay taxes (estimated or actual) on the 15th assuming that they have already made safeharbor and estimated payments.

HI
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