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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?


To: Knighty Tin who wrote (67570)9/12/1999 2:33:00 PM
From: DJessen33  Read Replies (2) | Respond to of 132070
 
Mike,
Why do you think that all stocks will go down when the crap goes down? It doesn't work that way in reverse. I used to think the same as you. However, more people are moving out of the mutual funds and into the individual stocks and mostly the same 50-100 of them. Why would a mutual fund sell the dogs in a correction? The only people who hold them are value players and I don't think they would sell the dogs just to buy some of the overpriced crap that just came down a little. If a fund is seeing redemptions I can understand and maybe that is what you are anticipating. Maybe I am being contrary to a contrarion but I'm thinking the beat down stuff won't move much when the crap takes their spanking, IMO...

DJessen33