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Strategies & Market Trends : 50% Gains Investing

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To: Dale Baker who wrote (31192)9/24/2002 4:21:51 PM
From: Ray RuebRead Replies (1) of 118717
 
Explanation for Jul drop predicts huge Oct sell-off

Message 18026704

Simple logic:
1) Early in July folks receive Mutual Fund 2nd quarter reports showing losses
2) Folks sell Mutual Fund shares to halt losses
3) Mutual Fund managers are forced to dump shares to raise cash
4) Mass sell-off results in huge price drops during 3rd week of July

5) Repeat same process in October after 3rd quarter results are received

You all be careful out there
Ray
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