Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Pastimes : Ask Mohan about the Market -- Ignore unavailable to you. Want to Upgrade?

To: robnhood who wrote (12022)	12/21/1997 10:55:00 AM
From: Bonnie Bear	Respond to of 18056

Hi rr. happy b-day (was it yesterday or today?) been quite ill (cough, cough) so I haven't posted (good thing people can't get contagious illnesses from internet contact, you're safe.) I browsed though the Stockmaster list of top mutual funds. I was truly shocked to see how much money the popular ones have lost. FSELX now shows a negative number for 1997 gain. Some of the funds show such huge losses it can only be caused by an extraordinary amount of redemptions. The brokerage stocks dropped a lot, too. The losses would have been much worse except for the propping up of tech stocks on Friday afternoon. It looks like somebody desperately wanted to window-dress the fund annual return numbers. The S&P chart shows this bizarre periodic pattern, I do not understand it other than noting it peaks at dividend reinvest and drops at money-market reinvest, if you fly by the pattern it would suggest that we finish this selloff and then have a strong bull run up to the 5th.