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To: Shack who wrote (12667)9/10/2001 8:12:10 AM
From: Casaubon  Read Replies (1) | Respond to of 209892
 
I agree that the high in money market will coincide with the bottom. My assertion is that this high or any other local high my not have to reach the extreme of some past high. And in fact, over time, the local high in money market will necessarily be lower because there will be less money available due to market losses mounting.