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Politics : Idea Of The Day
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To: Jerry Olson who wrote (19843)9/2/1998 10:06:00 PM
From: KHS  Read Replies (2) of 50167
 
Options Jerry: You position scares me. Many other out there thinking the same way.

One thought. When August mutual fund statements go out in mail and the average investor sees 20% decline, they will think hard. If Mutual fund managers want to sell off more in Sept, what impact will that have to their business? Outflows, selling more positions, losing customers, losing bonus, losing job and on and on.

This industry is too smart to shoot themselves.
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