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To: donald sew who wrote (34810)2/7/1998 3:25:00 PM
From: jjs_ynot  Respond to of 58727
 
Don,

I specifically screened these to have a debt to equity less
than 0.5 (so not as sensitive to interest rates). Also, these
plu the others I watch have betas greater than 3.1. Thank
you for response.



To: donald sew who wrote (34810)2/8/1998 1:01:00 AM
From: James F. Hopkins  Read Replies (2) | Respond to of 58727
 
Donald; Been reading your posts, IMHO you may want to start tracking
and looking at Mutual Funds, ( not just charting them but finding
a few that let you see their cash position )
The Funds held back investing inflows DEC and JAN..they were not
sure what to do. Managers don't want to take the chance of
being the only one wrong, but it don't look so bad on them
to be wrong if all the others are. So while they talk like tigers,
they move like a herd of sheep.
I'm not saying to buy them, ( just track them ) and their cash
position. Got a lot to do with the market. There are almost as
many funds as there are stocks. The 401k and pension money
keeps coming in, some times it get invested , some times
they hold on to a cash position..they are starting to invest
now, as they don't want to be left behind.
When you see them go on margins we get close to the top.
Jim