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Gold/Mining/Energy : Daytrading Canadian stocks in Realtime -- Ignore unavailable to you. Want to Upgrade?


To: Nick Morvay who wrote (45692)11/29/2000 12:02:14 AM
From: couldawoulda  Read Replies (1) | Respond to of 62347
 
Nick - taken from Bill Fleckenstein's daily read on the market.

"Due to an unusually high volume of calls. . . I heard from pretty reliable sources that we were seeing mutual fund selling to meet
redemptions, so it appears that process is underway. How far along it is we really can't know, but I can say one thing for sure: no one has ever
invested in an era where everyone could get their money back with one quick phone call. So we have to keep in mind that we could get to a
situation where things could get very unpredictable in a hurry."


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