Zeev's Turnips Patch-No Politics (ZEEV)

[jdaasoc]

RE declining MZM

People been pulling that money out of those safe money markets funds. Brokers been telling them to put it into old favorites like GE, LU, GLW, CSCO to name a few.

It is hard to see from max time duration chart that MZM went as negative in 1995 as market took off on this money market rocket fuel not to be stopped by AG or any other reasoning individuals in a position to hit the brakes.

http://research.stlouisfed.org/fred2/series/MZM/30
http://research.stlouisfed.org/fred2/series/MZM/30/Max

I will know it is near the top when you start playing JDSU and trading RMBS above $100. <g>


PS what do you think market prices will be at if MZM is at 2000 value of $4T rather then at current $7 T. Much much higher IMO

PPS JDSU above $5, so mutual funds going to start investing in it.