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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?


To: Thomas M. who wrote (90022)3/3/2001 2:18:36 PM
From: Joan Osland Graffius  Read Replies (1) | Respond to of 132070
 
Thomas, >> big fund managers putting their fund money into shorts

Most public mutual funds can not sell short. A few weeks ago I was helping my daughter dig through her 401k fund options and I did see a couple of fund managers with over 20% in cash, some of this cash was in 3 month maturates. All the fund managers are not idiots, just some of them <ggg>

Joan