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Strategies & Market Trends : The New Economy and its Winners -- Ignore unavailable to you. Want to Upgrade?

To: Jan Crawley who wrote (361)	5/22/2000 10:11:00 AM
From: Peter Church	Read Replies (1) \| Respond to of 57684

Hi Jan, Interesting information about the number of hedge funds wiping out. I don't see that the institutions will stabilize the market though. If they decide to cut their exposure to stocks with high PE's or any other category, then those stocks are going to get sold off at wholesale. IMO, the game becomes one of figuring how long it will take for the institutions to cut bait on their losses. I don't know when, but it will be dramatic when it happens. BTW, who were the big sellers in March? Thanks---Peter