Keep Your Eye On The Ball - Watch List Message Board

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Strategies & Market Trends : Keep Your Eye On The Ball - Watch List

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To: agent99 who wrote (1633)	12/28/1999 8:02:00 PM
From: TFF	of 2802

Lighter-than-usual trading accounted for much of the day's price swings, investors said. Some fund managers finished their buying for the year yesterday, to avoid post-New Year settlements out of concern transactions will be botched by computer breakdowns associated with the switch to the year 2000. Today's trades will be settled on the shortened day on Friday, the last session of 1999. `Everyone wants the decks cleared by the 31st because of Y2K,' said David Bayer, a money manager at Knappenberger Bayer Growth Advisors in Minnetonka, Minnesota. `The big money did what it wanted to do yesterday.'

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