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Strategies & Market Trends : Roger's 1998 Short Picks

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To: Roger A. Babb who wrote (10028)6/15/1998 10:49:00 AM
From: Joey Two-Cents  Read Replies (1) of 18691
 
Roger, this market has defied logic and gravity over the last 12-18 months. Interesting stat I heard, 47% of all NASDAQ stocks are down for the year. Seems like the money mgrs. are consolidating their funds with the higher profile issues waiting to ride out the storm. I wonder
how Mr. & Mrs. Mutual Fund will react if their 2Q balances are below their 1Q balances. I can't remember the last time that happened
8 or 9Q's ago? We sure do live in interesting times.
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