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To: Bert who wrote (23622)5/26/2000 12:13:00 AM
From: Les H  Read Replies (2) | Respond to of 42787
 
Another vehicle that's heavily under are the unit investment trusts, many of them invested in e-commerce, genomics, and internets. They're down about 30-60%.



To: Bert who wrote (23622)5/26/2000 7:49:00 AM
From: Oak Tree  Respond to of 42787
 
I share your concerns that the loss of new $ to invest in equities will ultimately be what kills the decade long bull. However, I think your back to the 30s is quite over stated. It assumes that investment in equities goes continuously in one direction at a constant rate of -8B per day. Obviously it won't do that. In theory it can's (what do you do when the market only has 2B left in it). Thanks for the data though, I am surprized that the equities market is seeing a drop. I for one, and all my friends, still have my/our monthly retirement deposits going into equities funds and not MM funds.