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To: Kory who wrote (6639)9/6/1998 8:46:00 PM
From: Greg Jung  Read Replies (2) | Respond to of 8002
 
I didn't call you ignorant, I merely mentioned that
ignorance is bliss -g-. Have you realized that
claiming that a dow from 3000 to 9300 is not 300+%?
It is, only if you put it all in at the beginning.

Most mutual fund investors lose money, I have heard,
because they tend to scare and withdraw money at the times when the market is lowest. Also the funds haven't all just
bought the S&P.

I am agnostic on the market, long term, btw. My butt is in the hole from several long positions which I am pretty sure I can
recover from; if not this year, then the next. Being
as I am so long it is prudent to be short in sectors of excess
exhuberance.

Greg