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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?


To: kahunabear who wrote (4867)8/29/1998 7:17:00 PM
From: James Clarke  Read Replies (1) | Respond to of 78517
 
Barrons read like a funeral. Not is it going to go down further, but will it be another 10, 20, 30 or 50%. As a contrarian, being told I'm right makes me uncomfortable. The most important thing I took out of Barrons analysis of last week is that mutual fund investors are scared for the first time in recent memory. Buy the dips is dead. The mutual fund redemption data was $2 billion outflow, as of Wednesday. That is a key date, because the fun started Thursday. Wonder what next week's data looks like.

Jim