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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Terry Whitman who wrote (40318)2/14/2000 9:53:00 PM
From: pater tenebrarum  Respond to of 99985
 
the pressure on fund managers began with Vinik i believe his name was taking a defensive posture in the Magellan fund in '96 by shifting 20% of assets into bonds. he lost his job due to the funds underperformance that year. the message to all fund managers was clear: be aggressive or begone...