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Strategies & Market Trends : Sharck Soup

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To: Bid Buster who wrote (13498)3/27/2001 3:36:34 PM
From: JRI  Read Replies (2) of 37746
 
Well, I'd think they'd buy early in the week (use available cash) to load up on big, quality names......also, Mufu managers know this game, know that it leads to rallies, etc.....so they want to get in early...

On the sell side (they don't want junk on their statement)...I'd think they'd wait longer...as long as possible...to see if some of the junk rises in the overall rally...(that they are pumping with their other buys)....

So, I'd expect the Msft, IBM type buying to happen early this week (Monday, Tuesday, Wednesday)....and the junk selling starting later in week (Wednesday, Thursday, Friday)...and Msft, IBM SELLS starting Friday, and early next week...

All speculation on my part...there is a logic there, though, I think.....also, notice how some tech that has been beaten down....well, it sold off pretty good this aft....maybe "junk" selling starting already?
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