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To: pater tenebrarum who wrote (74047)3/1/2001 3:47:19 PM
From: prosperous  Read Replies (1) | Respond to of 436258
 
Well the individuals who are parked into MM funds may not jump in.
However, it is possible mutual funds who are parked there and are
using MM funds as "yet another place to rotate into" will likely
jump in once they think that the market downturn is over and a
bottom is in...who knows though



To: pater tenebrarum who wrote (74047)3/1/2001 4:11:23 PM
From: Mark Adams  Read Replies (2) | Respond to of 436258
 
Someone on jagfn today speculated (trimtabs guy I think) that Money fund cash may be seeking additional basis points as MMF's tend to hold 90 day paper that drops slower than CD and MMA rates. Theory was this money may not be destined for stocks.