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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?


To: Philipp who wrote (26246)9/2/1998 5:12:00 PM
From: Joseph G.  Respond to of 94695
 
<<are they just out of money?>>

yes



To: Philipp who wrote (26246)9/2/1998 5:20:00 PM
From: yard_man  Read Replies (1) | Respond to of 94695
 
>>I don't see that reflected in today's actions, or are
they just out of money?<<

The sample may be a small one, but of my coworkers and relatives, I can say that a number are out of money -- they are in stocks in a big way. At least one has moved money recently from fixed income to safe utility stocks and someone who I've cautioned many times before bought this dip. A coworker is full invested and hurting, but refuses to sell.

In other words -- not a lot of money left to be thrown in by the folks that I know -- how 'bout you?