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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?

To: Monty Lenard who wrote (22944)8/1/1998 11:11:00 AM
From: James F. Hopkins  Respond to of 94695
 
Monty; re > I also read or heard somewhere that some of the mutual
funds would short other mutual fund stocks. You heard correct,
if they find a weak one others can put all kinds of pressure on it,
via shorting it's holdings, & driving it's nav down, thus
causing people to avoid or withdraw from it, hence forcing it to
sell off stocks. We all tend to look for the better performing
funds, but a story might be had if we were to look at the ones
in trouble.
Jim


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