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Strategies & Market Trends : Options
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To: RocketMan who wrote (7559)5/5/2000 4:18:00 PM
From: Uncle Frank   of 8096
 
>> My guess is that as long as funds reflect the index by the end of the quarter, they are OK.

RM, from what I've seen, the index funds move as quickly as possible to match the components of the s&p. Here's the logic. They get no brownie points for beating the index, and get crucified if they underperform. Accordingly, they take no risks in trying to time an entry.

Note that cbs is no longer traded. I doubt the index funds ever hold on to cash.

uf
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