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Strategies & Market Trends : Z Best Place to Talk Stocks

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To: DanZ who wrote (23721)6/30/2000 9:49:29 AM
From: Larry S.  Read Replies (1) of 53068
 
EOQ (End of Quarter) - think that a lot of the gyrations of past weeks has been eoq rebalancing by funds. Mutual Funds have to report eoq holdings. With the turbulence that we have seen in the nets/techs/bios, many funds may not want to show large positions as of 6/30.
On the other hand, many of these stocks are selling very cheap, and there is a good chance that we will see significant buying in many of these issues starting next week, when the funds, hopefully, start picking up many of these "bargains". jmho. larry
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