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To: Jordan Levitt who wrote (88169)	11/23/2000 9:14:37 PM
From: Win-Lose-Draw	Read Replies (3) \| Respond to of 152472

the amount of somewhat stationary money in 401k's...[snip]...for the most part stays "in the market" That money may be stationary in the sense that it's not going to end up in a cash register at the Gap, but that doesn't mean it stays in equities. Most people I know are quite active with their 401k stash and will/do move into money market funds when the going gets rough. I have several acquaintances who's entire retirement account holdings are currently out of equities. This is, obviously, anecdotal evidence at best, but you raise a good point and it would be interesting to see some numbers on this.