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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives -- Ignore unavailable to you. Want to Upgrade?

To: Chip McVickar who wrote (10570)	9/28/2010 3:25:58 PM
From: Wayners	Read Replies (1) \| Respond to of 222482

Yep and it's been like that as long as I can remember, and for many reasons, the vast majority of funds underperform the SP500, so people have had enough. First they bought mutual funds that try to mimic the SP500 (essentially the first ETFs and with very very low fees), then they introduced ETFs for all kinds of neato stuff. Wish they had they ETFs ten years ago.

To: Chip McVickar who wrote (10570)	9/28/2010 3:26:36 PM
From: GROUND ZERO™	Read Replies (2) \| Respond to of 222482

I'm waiting for my sell signal... GZ

To: Chip McVickar who wrote (10570)	9/28/2010 4:20:53 PM
From: Kirk ©	Read Replies (1) \| Respond to of 222482

"The fact that stock pickers are getting out played by the ETF's and commodity players and broad based index trading... is a serious complication for the mutual funds companies and their high sales fees... if they can't produce substantive winners... time after time... we maybe looking at the end of or at least a continued consolidation of that once dominant industry of snake oil salesman..." I don't think it has stopped them before. 80% under perform. There is an inherent flaw with most mutual funds that are fully invested by charter. Most money flows in near the top and flows out near the lows. It forces them to do the very worst thing... buy more high and sell low. The better funds, like my largest FLPSX, usually close the fund when they run out of good buys... I use it as a signal to take profits. I think the scumbag, highly loaded fund trick is to make up all sort of new funds with small amounts of money, pick some winners from those then advertise the hell out of them.