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Strategies & Market Trends : Roger's 1998 Short Picks

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To: McNabb Brothers who wrote (17127)1/20/1999 12:00:00 PM
From: Don Westermeyer   of 18691
 
I read the other day that that 95% of all mutual fund managers under performed the S&P 500 index last year.

How true! Most the the S&P came from only about 30 stocks though. If you throw out the tech world, the overall market did not perform all that well. I think the Russell 2000 was actually down.

Looks like Amazing.com is really taking in on the chin again!
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