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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?

To: bobby beara who wrote (40197)	5/23/1999 10:57:00 AM
From: Haim R. Branisteanu	Respond to of 94695

Mutual funds lose their glamour Copyright © 1999 Nando Media Copyright © 1999 Associated Press NEW YORK (May 23, 1999 1:22 a.m. EDT nandotimes.com) - It was bound to happen sooner or later: Mutual funds aren't trendy any more. After enjoying a long vogue as the bull-market place to be, funds have lately shown signs of falling out of fashion. They look slow and stodgy to some fast-money traders who now aim for quicker payoffs trading stocks directly on the Web. "The retail investor is seeking new ways to invest," says Steven Eisman, financial services analyst at the investment banking firm of CIBC World Markets. "Day trading through Internet brokers has attracted individual investors away from mutual funds." But before you rush to jump on this ballyhooed bandwagon, stop to reflect on your long-term goals and how you set out to accomplish them in the first place. ================================================= Find this interesting - which in turn my induce even more volatility in the popular stocks. Haim BTW - BB let me know what SAPS is on private mail