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Strategies & Market Trends : Dave Gore's Trades That Make Sense -- Ignore unavailable to you. Want to Upgrade?


To: BWAC who wrote (3138)2/26/2002 3:00:23 PM
From: Dale Baker  Read Replies (2) | Respond to of 16631
 
Most small investors I know stayed in the market with mutual funds but they gave up in the sense that they pay little attention to stocks, market trends or rumors. They just sit around "hoping" the good days will come back.

Almost no one is looking around for the successful managers through the boom and bust and moving into those funds (which are all small cap and mid-cap, btw).

Since they are paralyzed they leave their money in the same crappy funds that lost their gains the last two years. Whenever I see the big fund companies advertising on CNBC I want to puke.

Congress should hold some hearing with Janus fund managers about the total crap they bought by the millions and billions.

(end of rant)