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Strategies & Market Trends : TATRADER GIZZARD STUDY--Stocks 12.00 or Less.....

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To: stock talk who wrote (15682)3/31/2000 5:17:00 AM
From: SnowShredder  Read Replies (1) of 59879
 
Hi Frank, I was wondering if you could help me think like a money manager. Since Jan & Feb gave great returns, the money managers locked in some profits early in March, to play it safe, since they know they have to report to their people @ the end of March & the market could turn on a dime @ those lofty levels. Knowing that they would have to be in the market for their money to work for them next quarter, they decided to force the market down, by shorting to add to the selling pressure in hope to generate margin calls for the little guy...so next month they can put their money back into the market in time to generate some nice returns for the next quarter @ safer levels. If this is the case, then we probably saw/will see some short covering tomorrow & next week. Is my rationalization plausible, or is a hopeless effort to try and speculate? Thanks...looking for a bounce, TAN (50s) & JCP(mid teens) might be worth a look tomorrow...Best of Luck, Where'd He Go?
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