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 : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?

To: Investor2 who wrote (33269)	11/7/1998 11:09:00 PM
From: Gersh Avery	Respond to of 94695

Investor 2 The majority of the cash that was taken out of the market to produce the lows that we saw were transferred to money market funds and bonds. At the same time future contributions to 401k programs were redirected to the same location until the market proved itself to these small investors. In other words, there is more cash out there than was pulled out of the market. It is currently estimated that there is another 50 billion currently setting in money market funds waiting for the next dip. To give you an idea .. money market funds had outflows of only 1.7 billion last week. The fuel for the fire is there. Gersh