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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?

To: BGR who wrote (48065)	2/20/1999 1:55:00 PM
From: accountclosed	Read Replies (1) \| Respond to of 132070

Say again what your counter is to the marginal decision to go the index fund route? If one makes a decision to add to the index fund universe, one adds to the pot of money that is letting the rest of the market do the homework.

To: BGR who wrote (48065)	2/20/1999 5:12:00 PM
From: Skeeter Bug	Read Replies (1) \| Respond to of 132070

i totally agree that the stock price represents the perceptions very accurately over time. not minute to minute, but it does. for example, someone can sell a thinly traded stock that they think will double b/c of a margin call on another stock. that stock can topple 10% even though the perception hasn't changed one iota. btw, you didn't answer my nikkei question.