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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED
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To: Earlie who wrote (25490)12/15/2000 10:06:50 PM
From: Jill  Read Replies (3) of 65232
 
Good points Earlie.

Also, apparently a lot of $ has shifted into money market funds recently. The figures were given to me on another thread, but anyway, that's theoretically cash on the sidelines, but it's more likely "park it there and leave it cuz the market burned me" cash. I think we have at least a few quarters more of this, until rate cuts can actually shift earnings reports. Who knows though.
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