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Re: peacecorps post# 20539

Saturday, 10/11/2008 9:56:12 AM

Saturday, October 11, 2008 9:56:12 AM

Post# of 22167
I really have to wonder if the mutual fund industry is going after the hedge funds.The reason i say this is the mutual fund industry is losing clients.I say this because people like "CRAMER" has pointed out the buy and hold is dead.People are becoming smarter with there own investments and with todays online sites who needs a mtual fund.Second a friend of mine works for a large insurance company.In the past they would sell annuities,and move 401k's into funds.Now he spends 90% of time moveing peoples money into individual stocks just like a hedge fund.My point is mutual funds are the big money holders or sellers.By driving the price down and making the hedge funds liquidate,their clients are going to come back but for less risk tolerance and whwere do they find that mutual funds.You can bet the fidelty's of the world are looking to jump all over them.
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