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Technology Stocks : Semi Equipment Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Jack Hartmann who wrote (42660)1/13/2009 4:57:04 PM
From: The Ox  Respond to of 95505
 
Read recently that over 30% cash/money market positions are the norm right now for most mutual funds.

That would imply a ton of money on the sidelines.

I'll see if I can find the link to this information...

EDIT: looks like I misread the info:

Mutual fund assets currently reflect that 37% of all mutual funds are invested in MONEY market funds. In 2008, the net withdrawal from stock funds was a record $320 billion (Financial Times).