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Strategies & Market Trends : John Pitera's Market Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: John Pitera who wrote (3296)	2/21/2001 6:28:10 PM
From: opalapril	Read Replies (2) \| Respond to of 33421

Does John P. or anyone happen to know what % of all mutual fund/institutional money Fidelity controls? I have grown weary of reading and hearing market savants explain daily market behavior and recent trends being due to "investors." ("Investors sat on the sidelines today as..." "Investors sold off chip stocks today as..." etc. etc.) Everyone surely knows it is the funds and institutions who own the vast share of all securities and at least as much cash on the sidelines. And of them, surely Fidelity is the dog that wags its own tail -- and ours.