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To: robnhood who wrote (41173)11/27/2000 6:31:50 PM
From: pater tenebrarum  Respond to of 436258
 
funny, i was struck by the same impression...people cashing in their bearish Rydex funds, buying QQQ's, etc. , because now that it's actually happening, they can't believe it.
75% of Rydex bull fund assets remain in tech btw, as opposed to 20% at the Oct. '98 low. i think that's a microcosm of the general tendency to overweight tech, far beyond even its ridiculous weighting in the S&P. note, tech still only accounts for 6% of the economy.



To: robnhood who wrote (41173)11/27/2000 7:47:51 PM
From: robnhood  Read Replies (1) | Respond to of 436258
 
Bush Lovers may not like this post, but I'll bet every word is true.
Message 14886329