SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Stocks Crossing The 13 Week Moving Average <$10.01 -- Ignore unavailable to you. Want to Upgrade?


To: RockyBalboa who wrote (9813)9/14/2001 8:45:49 PM
From: Bucky Katt  Read Replies (2) | Respond to of 13094
 
I agree. Here is a link to new SEC rules for next week, which also allow mutual funds to borrow money instead of having to sell stock to meet redemptions.
I have never seen such serious, well thought out planning.
quote.bloomberg.com

"They're worried that people are going to come in after this terrible national catastrophe and all want to sell everything,'' said Marianne Smythe, former head of the SEC's investment management division and a lawyer at the Wilmer, Cutler & Pickering firm. ``If you can borrow the money'' to pay for fund redemptions, ``then you are not going to have to go into the marketplace and sell securities and just add to the downdraft."
_________________________________________________________
The Street.com chimes in on defense stocks, rates INVN & some other equally obscure, but xlnt companies a buy, near the bottom.>
thestreet.com