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To: Keith Feral who wrote (61799)7/12/2008 10:03:36 AM
From: Dale BakerRead Replies (1) | Respond to of 118717
 
Most fund managers have a mandate to stay fully invested in the sector or style in their prospectus. They have no choice. The better ones will get out of the worst crashing stocks and discover tomorrow's winners early, but they will all get battered by their sector's fortunes.