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

To: Gersh Avery who wrote (30148)	10/4/1998 3:08:00 PM
From: Monty Lenard	Read Replies (2) \| Respond to of 94695

Gersh, do not the people in the 401k's have to option to go to a cash reserve fund rather than remove the money from the 401k and would that not have the same effect? Monty

To: Gersh Avery who wrote (30148)	10/4/1998 8:11:00 PM
From: BubbaFred	Read Replies (1) \| Respond to of 94695

Those 401K usually have option of either stock fund, stock balanced fund, or government securities. The last one is as good as cash, or money market.

To: Gersh Avery who wrote (30148)	10/4/1998 10:25:00 PM
From: Gary Spiers	Respond to of 94695

The only positive item along these lines is that there are many employer 401k systems that do not allow someone to pull their money out of the stock market. The only option that they have is to decide which stock fund they will be in. Those folks will not sell. We have a 401K along these lines. It does permit funds to be put into a Money Market account. We have relied on this for some time now - when it takes two days to change the makeup of the portfolio being cautious in times of volatility seems prudent<G>. GaryS