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To: All Mtn Ski who wrote (5300)5/2/2005 2:11:28 PM
From: Proud_Infidel  Respond to of 5867
 
Re: Mutual Fund turnover ratios are usually well above 100%

And 80% of mutual funds are beaten by the broader indices over time.** Most cannot beat the indexes....this is a simple statement of fact.

**A Random Walk Down Wall Street, Burton Malkiel

Re: all things being equal, AMAT should be back at $50 with the semi market back to 2000 levels, right? What's different this time? The insanity is missing.....


One could argue it has just moved on to other areas, such as real estate, commodities, and Google.

Re: Program trading is 50% of the NYSE volume. Its being done. Wall Street wants the individual investor to stay in for the long haul and preserve the "skimming operation" that is the bread and butter of Wall Street

No doubt there is a very unseemly side to Wall Street....I will be the last to defend them.