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Strategies & Market Trends : Waiting for the big Kahuna

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To: robnhood who wrote (11244)12/10/1997 9:24:00 PM
From: James F. Hopkins  Read Replies (1) of 94695
 
It's just a guess, if they had put thoes last 3 weeks of fund inflows
into the market chances are it would be higher than it is, you can
log onto a mutual fund web and do some home work, but if you
haven't been checking them in the past you wouldn't know what
you were really looking at..I put about 30 of them in a paper
portfolio back in July..all nice and neat..and started tracking
them..as I'm not one to belive much of what I get over the
net with out checking it out..suggest you do the same.
BTW I also save the upgrade , down grade recomandations that
all the anal-syst put out, Yahoo posts them..you would not belive
how much money you could lose if you followed most them, it's
a damm shame the crap the so called experts hype, most of them
are full of crap.
I did like Jim Crammer ( well I still do ) but you can't trust
him either; just last week he was all over SEG and on and on about
how it was so stupid for her to be down so low..( she is lower
now than then ) and guess what ? he was on CNBC this morn..and
had forgot all about her..in fact he braged about how he is
compleatly 100% out of Techs. or will be as soon as he sells
his IBM. :-)
And I'll add this just in case you do start tracking funds,
look at their largest holdings..and track their daily NAV,
when the NAV don't fall on a down day as much as the holdings
would indicate..then the cash is up..if the NAV tracks the
stocks they hold..then they are fully invested.
Jim
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