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Pastimes : The Justa & Lars Honors Bob Brinker Investment Club

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To: Justa Werkenstiff who wrote (9859)11/14/1999 6:30:00 PM
From: John Carragher  Read Replies (1) of 15132
 
Stock funds attracted about $2 billion of fresh cash in the week ended
Wednesday, according to AMG Data Services (www.amgdata.com). A
paltry $94 million made its way to taxable bond funds. About $424 million
was pulled from municipal bond funds. But $6.8 billion entered
money-market funds.

Money market funds according to the charts in Barron's are at all time high. We are also coming into the bonus season and I thought Nov Dec Jan was when we got the biggest lift in stock prices. Couldn't find cash holdings of fund managers so I stand corrected. take care John
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