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Strategies & Market Trends : Technology Stocks & Market Talk With Don Wolanchuk
SOXL 41.71-14.5%Dec 12 4:00 PM EST
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To: Allan Harris who wrote (22445)3/1/2006 6:43:28 PM
From: Investor2  Read Replies (1) of 207311
 
RE: "According to Don Hays, there is $6 Trillion in money market accounts waiting to flow into the equity markets."

Perhaps. But much of the money in money market accounts has been sitting there through a period of very low interest rates. Now that interest rates are higher, it will take more (i.e., a better outlook) to get the money market funds in to the equity market.

Best wishes,

I2
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