Chasing Beta

Discussion in 'Trading' started by DeltaSpread, Nov 27, 2006.

  1. This little pullback today is going to be really interesting to see it set the stage for the last trading month of 2006. Its been my personal impression that through this last leg up/rally many pro money managers were still too heavy in cash positions. But now it seems after the fact, everyone and their brother has been waiting for a pull back to buy.

    How many out there really believe the markets recent strength has been a direct byproduct of actual under performance of money managers??

    Do you think the money manager tent, so to speak, will still hold up with continual buying of certain stocks in order to gain performance ground on the S&P 500 in this otherwise strong bull market?