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Pastimes : Home on the range where the buffalo roam

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To: T L Comiskey who wrote (2976)7/24/2000 8:58:19 AM
From: Boplicity  Read Replies (1) of 13572
 
Also, We will be getting another chance to add to funds in the annual aug./sept./oct. sell off. Every year mutual funds report taxes in oct, so they like to sell off dead wood or raise cash to pay the taxes, also Sept is the the end of the quarter, funds do window dressing at the end of the qr., then buy the good looking stocks and sell off the bad looking stocks, so their reports to clients look good. Also, by the beginning of aug, end of July earnings season ends, there is always selling afterwards as people lock in profit, so that selling gets the ball rolling. I will be adding to my funds then as did in the spring during that selling.

Thought you would like know,

Greg
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