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To: Joseph Beltran who wrote (623)2/27/1999 11:49:00 AM
From: Ian@SI  Read Replies (2) | Respond to of 1214
 
When there's a major selloff near month end, I tend to suspect that the mutual fund managers just might have a major role in the action.

While we'll probably never know, mindless selling of an entire sector without apparent consideration to the prospects of individual companies strikes me as a fund manager's mentality.

FWIW,
Ian.



To: Joseph Beltran who wrote (623)2/27/1999 6:32:00 PM
From: Berk  Respond to of 1214
 
I agree with what you say obviously in particular the cautious approach. I think the industry is coming out of the slump but what is always hard to determine is when is the good news here and it is time to sell. A bumpy recovery which more and more I think is the hand that has been dealt with throw investors/traders more than one curve ball. Time will tell.


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