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 : Zeev's Turnips - No Politics -- Ignore unavailable to you. Want to Upgrade?

To: DebtBomb who wrote (60015)5/1/2002 4:30:34 PM
From: ChrisJP  Read Replies (3) | Respond to of 99280
 
"Investors pull whopping $56 bln from money market funds .... "

You mean you don't think the money market funds went into the stock market ? lol

Well it didn't take much news to make the shorts start a-runnin' did it ?

I'm not kidding, soon enough, the shorts will cover and decide it ain't worth it to reload. But no one will go hog wild buying either.

You will see. Both 1933 AND 1974 ended up that way.

Chris



To: DebtBomb who wrote (60015)5/1/2002 4:56:52 PM
From: Steve Lee  Read Replies (2) | Respond to of 99280
 
"I think people are taking it out, and buying homes, autos, second homes, gold, IMO."

More like they are spending it on food, mortgage, credit card payments, gasoline etc



To: DebtBomb who wrote (60015)5/1/2002 6:14:11 PM
From: augieboo  Respond to of 99280
 
I think people are taking it out, and buying homes, autos, second homes, gold, IMO.

I can tell you where a lot of it went out here in tech land:

-- to the IRS, to pay the tax bill on the huge income that the family no longer enjoys;

-- to try to keep the house and cars out of default;

-- to cover COBRA payments on health insurance until the next hope-for job lands;

-- to live on until the next hoped-for job lands.

augieboo


HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News