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 : CNBC -- critique. -- Ignore unavailable to you. Want to Upgrade?

To: Don Dahler who wrote (1546)	8/31/1998 1:41:00 PM
From: Roads End	Read Replies (1) \| Respond to of 17683

Don...CNBC has been telling all that it was the young and experienced who know only how to buy dips. So now which is it? Steve

To: Don Dahler who wrote (1546)	8/31/1998 1:52:00 PM
From: Market Tracker	Read Replies (1) \| Respond to of 17683

Dan, IMO, portfolio managers both young and old are always cognizant of the bonus picture, if only in the back of their minds. Many have seen down markets, but fewer have witnessed a growling bear. My guess is they are just not taking chances any forthcoming bear comes a growlin'. Recent net mutual fund redemptions and margin calls have added to the downward pressures. When yearling fund managers see reports of Soros' Quantum Funds loosing $2.0 billion in Russian investments, their reactions can easily turn into a knee jerk defensive posture. If you are considering doing a story on this apparent phenomenon, I would think it has legs. MT