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Strategies & Market Trends : Mr. Pink's Picks: selected event-driven value investments
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To: Pancho Villa who wrote (3761)10/8/1998 6:23:00 AM
From: Mr. Pink  Read Replies (3) of 18998
 
Remember the Institutions have 26 year old dumb as hell, wet behind the ear analysts making decisions...These kids are book smart having attended the best undergraduate schools but have no judgement and in MR. Pink's opinion that they have control over people's retirement funds is a TRAVESTY....Look, some total moron at Fidelity's Specialty Finance Sector Fund stayed long FP all the way down....He is a total friggin' a** Hole and should be fired for wasting people's money like that....Indeed anyone who gives their money to Fidelity or a similar mutual fund to manage takes a terrible risk....

Institutions are run by children with no common sense. They are lemmings and have no ability to think contrarily.

....MR. Pink loves them for listening to crap sell side research whores and for bidding stocks up to unreal levels...He loves them for the panic that ensues when they puke out of their positions.

Boys and girls, you see what's happening in the market is still a relatively orederly liquidation....Wait till the redemptions kick in and it is a wholesale panic!!!!

But caution because panic goes both ways...A buying panic is just as dangerous so stay nimble.

Mr. Pink
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