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To: Dale Baker who wrote (1245)8/12/2007 6:57:45 AM
From: SouthFloridaGuyRead Replies (1) | Respond to of 1718
 
Dale, it's game theory at work.

I have minimal exposure to these factor market neutral equity funds. Nonetheless, it's exposure so it's a small black eye (I never liked them b/c I felt Value over Growth was stretched, but I am not the boss and was overruled). Anyway, I now have to decide whether to get out or wait for the bounce. I want the f*ck out not because I don't think there could have been a bounce, but rather because everybody else is running for the exits so therefore I should too.

This is herding at it's worst.