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


To: Kirk © who wrote (10625)9/28/2010 4:33:50 PM
From: Chip McVickar  Read Replies (1) | Respond to of 222532
 
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.

Then they take their money out as the public flows in... mostly set up to receive 401k, etc flows.. as many don't pay attention.

another set of "stuff" in trouble are the closed end funds for some what the same reasons...

I still, believe in the bull market that lies ahead.. stock pickers in the right sectors will do very well against the indexes... but these mutual fund traders will have to be in the right piece of the market... because it will be very selective...!