transcanada pipelines (TRP) Message Board

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Gold/Mining/Energy : transcanada pipelines (TRP)

TRP 55.80

-0.1%

Dec 24 4:00 PM EST

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To: re3 who wrote (221)	12/7/1999 9:41:00 AM
From: HubTech	Read Replies (1) of 292

Actually, my opinion of why it's tanking right now is that the funds (just normal funds in general) are doing a little tax loss selling. Dividend funds, just may be buying during downturns like this. At least if I was invested in one, that's what I hope they would be doing. Also, these new fangled index funds have a strange effect because as a company's share price goes up or down so does there weighting within an index. The index funds, in order to maintain the correct weighting, must buy more in an up market and sell in a down market, effectively magnifying the up or down movement. Don't take me too seriously, though. I'm just a novice investor.

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