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To: Joseph G. who wrote (8669)10/15/1998 8:46:00 AM
From: Cynic 2005  Respond to of 86076
 
Mutual Funds Take Steps
To Ready for Redemptions
By CHARLES GASPARINO
Staff Reporter of THE WALL STREET JOURNAL

More large mutual-fund firms, preparing for the possibility of investors redeeming large amounts of cash should market conditions worsen, are setting up a special procedure to deal with such an onslaught.

Under the procedure, mutual funds that are experiencing heavy redemptions, or "outflows," could borrow from other funds within the same family.
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To: Joseph G. who wrote (8669)10/15/1998 10:00:00 AM
From: Defrocked  Read Replies (1) | Respond to of 86076
 
While one month is not a trend, PPI number should take
a little wind out the sails of the "Fed poised to ease" crowd.
Gold up, yen acting schizoid, banks and brokers getting
hit in Japan again last night...why go higher???



To: Joseph G. who wrote (8669)10/15/1998 10:53:00 AM
From: MythMan  Read Replies (1) | Respond to of 86076
 
triple top?


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