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

To: Dale Baker who wrote (3145)	2/26/2002 3:16:47 PM
From: BWAC	Respond to of 16631

I could agree with that analysis as well.

To: Dale Baker who wrote (3145)	2/28/2002 9:19:22 PM
From: Dave Gore	Read Replies (1) \| Respond to of 16631

Dale, I was re-reading your post and you're right. It's just too bad that the Mutual Fund managers, especially Janus, couldn't have been smarter than the average invesotor. You'd think with all the money entrusted to them they could spot trends a little sooner than the rest of us. Most of them did worse and started buying stocks like HAND, JDSU and EMC at $100 and doubling and quadrupling down and hoping the market would turn around. And you know what, they still got paid! <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)>