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Non-Tech : The Critical Investing Workshop

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To: Voltaire who wrote (7749)	3/16/2000 11:44:00 AM
From: stockman_scott	Read Replies (2) of 35685

V: The Houses instill a lot of worry about Nasdaq valuations....Many of the large Fund Managers follow the recs to take money off the table and rotate into 'undervalued DOW stocks'...These folks are like sheep..;-)....Some of these Fund Managers can't even comprehend what Buy and HOLD means <G>....The Houses love this since they make boatloads of dollars off of those BIG commissions...Some individual investors get scared due to the volatility and they fuel the fire....Other mutual fund investors get screwed since at times they have to pay for their fund managers ADD and desire to churn -- You don't think the fund managers would like to pay for those commissions and taxes....So far they never have....Now, there still are a few well run aggressive growth funds that deliver excellent performance....I am stereo-typing....Yet, I wouldn't recommend 98% of all the Funds to my friends and relatives..!! Time to go back to lurking....Wake me up when this 'correction' is over...;-) Regards, Scott

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