Moufassa's Lair Message Board

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Strategies & Market Trends : Moufassa's Lair

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To: DebtBomb who wrote (2197)	12/5/2001 12:07:49 PM
From: Tradelite	Read Replies (1) of 13660

About that sidelined money.....looks like it's going to the stock market. Just got off the phone with my IRA management company and told them to take my last remaining money market dollars out and dump them with my GNMA fund----where they will be earning far more money. The fellow I spoke with mentioned, though, that the money market yield will probably go up, because more and more people are taking money out of money markets and putting it in stocks. Up to now, the large supply of money market cash has been depressing yields. It will be interesting to watch how this money market yield changes over the next few months.

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