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Strategies & Market Trends : Group Therapy

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To: E. Graphs who wrote (3536)7/30/2001 6:15:10 AM
From: Bocor  Read Replies (2) of 4564
 
<<Fidelity Magellan, once the bull market leader, continues sucking wind:
Holdings look very sick and it only shows it has 4% cash.>>

Heard this weekend that the mutual fund industry in general is only slightly above 4% cash right now, so Fidelity os right in line I suppose. Hardly seems prudent to be so light on cash at this point, BWDIK?
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