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Strategies & Market Trends : Waiting for the big Kahuna

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To: Oeconomicus who wrote (60446)10/18/2002 9:45:10 AM
From: Gersh Avery  Read Replies (3) of 94695
 
fund traders talk to market makers and specialists before the end of the day to make arangements for trades to take place at the end of day.

on a day when a lot of redemptions are taking place, you can see the resulting sudden down movement a little before three .. same as during a bull market you can see the buys fireing off at that same time ..

edit : BTW this impact is over about 3:25 or so ..

another edit .. Thursdays and Fridays are when this hits strongest .. because of payroll information comming in ..
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