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Strategies & Market Trends : Rande Is . . . HOME

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To: carepedeum2000 who wrote (36938)	9/29/2000 4:17:07 PM
From: maverick61	Read Replies (2) of 57584

Carpe Yea, today kinda blows my mind. AAPL should not have that much impact on the market. So, I have to assume the selling wasn't due to them. End of quarter window dressing - we should have seen stocks marked up - not down. While it may have occurred here and there, for the most part it was non-existant. So, whether that means that market sentiment is so bad, or something else, I don't know. I guess I have one new theory. Instead of fund managers marking up their favorite stocks at the end of the quarter, we may have seen them dumping all their losers. Possibly taking the same tact that companies do - get all the bad news out of the way. It was already gonna be a lousy quarter / month for most funds - so why not do your tax selling a couple weeks early, as well as sell other losers - so in your qtrly PR to fundholders - you can talk about how well prepared you are for the next quarter. Could be, or could be that the market just plain sucks right now. Gotta just keep adapting and trading accordingly

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