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To: Knighty Tin who wrote (233019)4/2/2003 5:22:16 PM
From: yard_man  Respond to of 436258
 
Duuuuude

biz.yahoo.com

I see this sparking a whole new round of investment -- get a new PC -- gotta buy some new software -- might need some more chips and pretzels -- that means more potato farming -- could even trickle down to more beer sales ... anyway -- looks like we've got a good reason tomorrow.



To: Knighty Tin who wrote (233019)4/3/2003 8:13:17 PM
From: ild  Read Replies (1) | Respond to of 436258
 
KT, I thought that during this time of the year a lot if IRA money must be flowing into equity funds? I guess the tastes have changed: people lost enough money with stocks, so they are piling into "safe" investments -- junk bonds.

amgdata.com
Flows: Apr 2
Equity funds report net cash outflows of $233 million for the week ended 4/2/03 - with no sector reporting significant activity;
Taxable Bond fund net cash inflows total $2.9 billion - with 72% going to High Yield Corporate Bond funds ($1.2 billion) and Investment Grade Corporate Bond funds ($876 million);
Money Market funds report outflows although Tax-Exempt Money Market funds report inflows ($1.0 billion);
Municipal Bond funds report inflows ($487 million).