Hedge Funds Drop the Axe on Stocks

Bloomberg.com's Miles Weiss has a very insightful article on hedge fund activity in the third quarter based on the many 13Fs that were released on Friday.  Hedge funds across the board, including the most established and well respected, moved the majority of their assets into cash last quarter.  The one positive from this huge selling trend is that when the dust settles on the credit crisis, all the cash will find its way back into the market, and it could send shares up just as fast as they went down.  Please click the link below to read the article.

Tepper, Barakett Abandon Stocks as Hedge Funds Shrink Holdings

Comments

[Pipo:]

Jim Rogers said that a selling climax occured late October. He is buying into this.

jimrogers-investments....

2008 Nov 17 05:52 PM