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Politics : Ask Michael Burke

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To: Knighty Tin who wrote (76552)2/25/2000 2:03:00 PM
From: Freedom Fighter  Read Replies (3) of 132070
 
Mike,

Are you doing anything with the QQQs?

From what I understand virtually all net fund inflows related to pensions, IRAs, Keoghs, and 401Ks are moving into the growth and technology funds. Overall, the flow of funds is negative. Seems to me that in a handful of weeks the Nasdaq is toast. Liquidity will almost vanish. THis is not my style of investing, but obviously value has nothing to do with the performance of that index right now anyway.

Wayne
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