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To: OLDTRADER who wrote (171023)10/1/2002 9:52:49 AM
From: BWAC  Respond to of 176387
 
Which Hedge Fund goes under first when the market turns?



To: OLDTRADER who wrote (171023)10/1/2002 11:12:54 AM
From: GVTucker  Read Replies (1) | Respond to of 176387
 
C'mon now, who do you think wields a bigger stick, Fidelity and T. Rowe Price or the hedge funds?

It is in the best interest of Wall Street if the market goes up. That has always been the case and most likely will always be the case. That is why Wall Street is biased to the long side.


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