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Strategies & Market Trends : Take the Money and Run -- Ignore unavailable to you. Want to Upgrade?


To: AugustWest who wrote (8356)7/13/2002 4:44:02 PM
From: Jorj X Mckie  Read Replies (2) | Respond to of 17639
 
Oh, I agree with you 100%.

What I was trying to get at is that the big money on the sidelines and specifically in money funds may be phantom money in that there is a bunch more debt out there that is going to need to be serviced.

If I have 20k of cash and 40k of debt, I'm not so sure that you can count on seeing that 20k come into the market.