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Strategies & Market Trends : Technology Stocks & Market Talk With Don Wolanchuk -- Ignore unavailable to you. Want to Upgrade?


To: solojamer who wrote (33733)10/10/2008 1:18:26 AM
From: Chip McVickar  Respond to of 206786
 
yea... well in the mean time she won't be able to put her grandson through harvard...

I just hard my mother transfer cash outta her brokerage held in a money market fund investing in international municipals. That vehicle may well break the buck shortly.... they can't refinance short long or medium term debt... tell you what they say... "Too Bad lady.. everyones lost money.

so instead of gett'n 3.8% she'll get 0.2% and be backed by the feds $250,000.. tell me it ain't so... please

muni's are the next shoe to drop if'n this thing gets more ugly

50% retrace on the dow is 8000±

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