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March 19, 2003

Cash buildup could fuel rally, some day

  • With so much liquidity out there, many investment strategists say the market should be poised for a quick rally once some of the uncertainties fade.
    • By RACHEL BECK
    AP Business Writer

    NEW YORK -- Cash may be king to individual investors these days, but whether it stays that way could have a great effect on the stock market's future moves.

    Right now, average investors keep steering the bulk of their money into their savings accounts, which they consider a safe haven given all the turbulence in the world, in the economy and on Wall Street.


     
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