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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?


To: Maurice Winn who wrote (11861)12/14/2001 10:04:50 PM
From: LLCF  Respond to of 74559
 
<That can't be right because the cash hasn't gone away. Somebody has it still and they obviously do like cash as an investment. There are even some in this very stream who are holding cash.>

<Not only that, but Uncle Al has been printing a very great deal more of it and that is also sitting around somewhere as cash. So the mountain of cash on the sidelines is bigger than ever. >

You apparently havent' seen any of the funds numbers.

<After a couple of years of derisory interest rates, people will look for more rewarding investments. >

Believe me, that's already happening, see above.

DAK