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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Giordano Bruno who wrote (11481)4/19/1999 6:46:00 PM
From: Les H  Respond to of 99985
 
Interesting tonight. The most popular mutual fund in the universe last week. Closed to new investors Friday. The Janus Twenty.

quote.yahoo.com

Note the close approximation of performance to the OTC Prime Index (^OTX) just above. I also added the Legg Mason Value Trust which is also a focused fund. My understanding is that they went to cyclical stocks recently.

The Van Wagoner funds (VWMDX, VWPVX, VWMCX, and the Emerg Growth fund) are down an average of 10% in one day.