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Strategies & Market Trends : Classic TA Workplace
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To: mishedlo who wrote (56817)10/17/2002 9:55:20 AM
From: reaper  Read Replies (1) of 209892
 
mish, this IS happening (the asset re-balancing by the pension funds and endowments). they pretty much do it like clockwork; bunch of friggin robots sending their capital to slaughter. i know some pension consultants and its happening.

this can but a floor under the market for a while, but if individual and most importantly corporate (via share repurchases and cash takeovers) buying do not return it is likely to be short-lived.

Cheers
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