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Pastimes : Ask Mohan about the Market

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To: Mark Ivan who wrote (17654)	3/16/1999 8:46:00 PM
From: Cynic 2005	Read Replies (2) of 18056

The deal with Money Market cash: It is simply cash. A good majority of it will be there (not necessarily always in MM funds), regardless of the level of the stock market. To think that all that money will be burned to buy stocks is simply foolish, IMO. A person selling MSFT at 165 today will get the proceeds and he/she will put it somewhere. If he/she buys another stock with that proceeds that seller will statch that money somewhere. See, it is the "currency" and will keep "current."

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