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Strategies & Market Trends : Zeev's Turnips - No Politics -- Ignore unavailable to you. Want to Upgrade?

To: t2 who wrote (26060)2/1/2002 1:10:58 AM
From: Psycho-Social  Read Replies (2) | Respond to of 99280
 
Large Cash Positions in Mutual Funds:
You might want to doublecheck your source data. Cash levels (around 5.5%)are lower than they've ever been at the end of a bear market, with possible exception of Sept-Oct '98. I believe Vanguard 500 Index Fund and Magellan are among the top 3 Funds in size. Index Funds normally carry about 1% cash, and Magellan reported 6.5% Cash at the end of December.


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