Money Managers after the Perfect Storm Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Non-Tech : Money Managers after the Perfect Storm

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Skeeter Bug who wrote (9)	2/25/2002 11:06:27 PM
From: Tom D	Read Replies (1) of 46

re: Valuations and other concerns. I think stocks like CSCO and MSFT are not at all cheap. My thesis that there is a lot of negative sentiment is the preponderance of negative news about accounting scandals, along with periodic warnings of impending terrorist attacks etc. There are quantitative models of sentiment. Marty Zweig has one wherein he counts the number of ads for bearish mutual funds and compares them to the number of ads for bullish funds. I don't have access to it right now. Other indicators of negative sentiment are the cash to asset ratio in mutual funds, monthly cash inflows into mutual funds, and the estimates of cash on the sidelines ($2.4 Trillion in January). I don't recall these numbers well enough to quote them, but they are all bullish, since they are contrarian indicators. I don't know how to gauge the accuracy of SSB's forecast. That is a great observation. My approach is to post in advance on a thread like this what my strategy is (developed jointly with the financial consultant) and to post what happens to me each year, and to compare notes with other people who use other financial consultants. Tom

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next