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Strategies & Market Trends : Roger's 1998 Short Picks

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To: James F. Hopkins who wrote (8221)5/3/1998 10:53:00 AM
From: Kip518  Read Replies (1) of 18691
 
As a result, cash in domestic stock mutual funds is just 4.3 percent of assets, the lowest level since the end of 1972. That was the eve of the worst bear market of the last 60 years.

nytimes.com
"Managers Hedge. Customers Don't."

nytimes.com
"public leaving mutual funds to go it alone" -- note especially, the dangers in Spiders & Diamond in a market downturn.
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