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Pastimes : Ask Mohan about the Market -- Ignore unavailable to you. Want to Upgrade?

To: Zeev Hed who wrote (16750)	10/15/1998 6:56:00 AM
From: Link Lady	Respond to of 18056

Americans must be feeling this way as well.?? Canadians staying afloat - for now, CIBC Poll newswire.ca ''Investor uncertainty is clearly evident in the increased number of mutual fund holders who have indicated they might be inclined to redeem their funds. We are concerned about knee-jerk reactions, particularly in the context of long-term financial planning.'' Both long-term investors and short-term investors say they would respond to significant declines in mutual funds by selling all or some of their portfolio. Fifty-two per cent of respondents who classify themselves as long-term investors indicated that they would sell some or all of their mutual funds if they declined in value by 20 per cent. Thirty-three per cent of short-term investors -- or ''quick sellers'' -- say they would sell their funds if their value declined by the same percentage.