The Residential Real Estate Crash Index Message Board

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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: bozwood who wrote (5880)	10/4/2002 11:26:26 AM
From: Jim McMannis	Read Replies (2) of 306849

RE:"Most funds don't have the choice to be out of the market. On an individual stock by stock basis, trying to avoid bottom picking is what they strive for. However, the cash must be invested." True, but they were more than happy to restrict the number of trades in and out of a fund over a given time. There fore discouraging trading and promoting buy and hold. Did this facilitate people getting slaughtered? Probably. I'm surprised no lawsuits have been filed against fund companies. Maybe they have, we just don't know about it. Jim

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