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

To: HairBall who wrote (25843)	8/31/1998 3:45:00 PM
From: RangeRover	Read Replies (1) \| Respond to of 94695

Boy I am sure liking my CSCO puts right about now.....Sleeping well tonight.........Stockman8

To: HairBall who wrote (25843)	8/31/1998 4:26:00 PM
From: James F. Hopkins	Respond to of 94695

LG; The fund switching has been in high gear all day, it started last Thursday, but today the phones haven't stopped every one I know has already gone cash. The ones who haven't are tied up in 401Ks and don't know how to get out. The only thing that limited volume today was the systems ability to handle it , but don't expect them to admit it. Now I should go back and find the posts were I was so critical of the circuit breaker changes. Jim

To: HairBall who wrote (25843)	8/31/1998 9:36:00 PM
From: James F. Hopkins	Respond to of 94695

LG; I'm looking at the carnage in the small cap mutual funds will post more on SI when I finish, it don't make sense for some of these funds, DGVAX is down 50% since feb12, many are down over 30%, the managers must be idiots. I'll point out that during the last big correction , the sharks would attack the holdings of funds which had lost a lot, knowing they would be forced to sell, the sharks would pick some of their top holdings to short. Finding a weak fund such as DGVAX ..then finding out what they own, then attack. So many of the managers are so young they don't know how to deal with it, they could have fought back when they saw what was going on, but I guess they were to busy buying viagra. Jim