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Strategies & Market Trends : Waiting for the big Kahuna

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To: Tom M who wrote (27442)9/11/1998 12:33:00 PM
From: James F. Hopkins   of 94695
 
Tom ; If what you read is correct, then the rest makes sense, but
let me caution you not all we read is even close to correct,
if they don't give specific details you can check out I'd have
some reservations, there is just so much in the so called news
that is put there to hopefully enhance the writers position, and
it can be hard to separate the truth from the hype.
In my looking at the funds I track, ( and mind you that's a very
small amount of the overall ) but I do not find them short of
cash, or in any bind towards redemption's, it looks to me they have
anticipated them and have raised cash levels.
Also I don't see them margined at all right now.
I think maybe the offshore hedge funds might have some of this
kind of problem, but I can't get any information on them that
I can count on.
Jim
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