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Pastimes : All Clowns Must Be Destroyed -- Ignore unavailable to you. Want to Upgrade?

To: Clappy who wrote (41262)	6/21/2000 7:28:00 PM
From: John Graybill	Read Replies (2) \| Respond to of 42523

"How many up days has it been?" It's quite a different answer depending on whether you're playing QQQ directly (are you?) or if you're gloating about your mutual fund buy-and-hold strategy. Here's the summary of yesterday's prices for the collection of mutual funds I can pick from in my 401K: Stock Investments International Stock AF EUROPACIFIC GRTH $42.32 + $0.46 Mid/Large Cap Stock FIDELITY BLUE CHIP $62.64 - $0.26 FIDELITY EQUITY INC $51.19 - $0.48 FIDELITY MAGELLAN $136.67 - $0.83 MFS RESEARCH FUND A $31.28 - $0.20 SPARTAN US EQ INDEX $52.30 - $0.34 Blended Investments INVESCO TOTAL RETURN $27.45 - $0.22 See all those down-arrows? That's what we keep yapping about. Five or six of the top ten holdings in each of those stock / index funds are all about the same familiar names -- MSFT, CSCO, AOL, GE, INTC. Doesn't really matter if the two or three big names in NASDAQ are up or flat, you've got hundreds of other stocks getting hit at the same time.