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Pastimes : All Clowns Must Be Destroyed

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To: Clappy who wrote (41262)6/21/2000 7:28:00 PM
From: John Graybill  Read Replies (2) of 42523
 
"How many up days has it been?" It's quite a different
answer depending on whether you're playing QQQ directly
(are you?) or if you're gloating about your mutual fund
buy-and-hold strategy.

Here's the summary of yesterday's prices for the collection
of mutual funds I can pick from in my 401K:

Stock Investments
International Stock
AF EUROPACIFIC GRTH $42.32 + $0.46

Mid/Large Cap Stock
FIDELITY BLUE CHIP $62.64 - $0.26
FIDELITY EQUITY INC $51.19 - $0.48
FIDELITY MAGELLAN $136.67 - $0.83
MFS RESEARCH FUND A $31.28 - $0.20
SPARTAN US EQ INDEX $52.30 - $0.34

Blended Investments
INVESCO TOTAL RETURN $27.45 - $0.22

See all those down-arrows? That's what we keep yapping
about. Five or six of the top ten holdings in each of those
stock / index funds are all about the same familiar names --
MSFT, CSCO, AOL, GE, INTC. Doesn't really matter if the two
or three big names in NASDAQ are up or flat, you've got
hundreds of other stocks getting hit at the same time.
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