Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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

To: bearshark who wrote (39024)	3/5/2009 10:16:11 PM
From: Investor2	Read Replies (2) \| Respond to of 208270

RE: "One could even apply the ratio of 62.34/72.25 to the 800.58 low in 2002 to come up with an S&P 500 low for this current bear market of S&P = 691." Yes, and now that even looks too high for the bottom of the bear. On another subject, I received a note from T-Rowe Price today stating that they have elected to forgo some or most of the expenses on their Prime Reserve Money Market fund. It looks like they, and other fund families, will need to do that just to keep the return on the funds out of the negative teritory. What do you think would happen if all of the money market funds started earning a negative yield, i.e., "break the buck"? I, along with millions of other investors, would probably withdraw all of my funds and put them in the banks... A run on money market funds ... not a pretty thought. Best wishes, I2