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To: AllansAlias who wrote (27835)1/14/2002 9:54:33 AM
From: The Freep  Respond to of 209892
 
Interesting blip from Briefing: 07:03 ET Merrill Lynch Equity Allocation : Sources at Merrill Lynch are telling us the firm says equity valuations now seem extreme, lowers stock allocation to 50% from 60%, raises bonds to 30% from 20%, and keeps cash at 20%.

Just a question: what is this thing they call "cash"? Is it similar to "margin"?

the freep



To: AllansAlias who wrote (27835)1/14/2002 9:56:39 AM
From: Shack  Read Replies (2) | Respond to of 209892
 
Yes, and VIX/VXN have spiked. Something will resolve today.

I 'have' to try a short soon though. The SOX up is still fugly and we are below the neckline in tech.


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