TheStreetcom's "Never Sell Into a Panic"

Jul 29 07

TheStreetcom's "Never Sell Into a Panic" discusses moving to money market mutual funds. Writer Terry Savage says, "This week, the total in money market funds is likely to jump to a new record high." While she's expecting large flight-to-safety inflows due to market declines, seasonal factors -- month-end -- may outweigh market timer movements. We think we're more apt to see outflows than inflows into money funds this week, unless of course we get a real crash Monday.

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