Waiting for the big Kahuna Message Board

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Strategies & Market Trends : Waiting for the big Kahuna

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To: William H Huebl who wrote (16008)	4/10/1998 2:16:00 PM
From: Haim R. Branisteanu	Read Replies (1) of 94695

Bill, would like to add some of my interpretation to high level of cash in money funds. If this money goes to the IRS then well we will have a positive impact into the deficit which in turn will help the bond and indirectly the market. I read today that Washington Post expects $50 billion in budget surplus. The second scenario is that many independent investors switched into money market funds around those levels and if so this money will rush in back into the market which will give us a pop and maybe also a short squizze. BWDIK, Haim

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