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Technology Stocks : Semi Equipment Analysis
SOXX 302.84+2.0%Dec 2 4:00 PM EST
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To: Sarmad Y. Hermiz who wrote (11891)9/28/2003 11:13:41 PM
From: The Ox  Read Replies (1) of 95515
 
He said fund managers who are satisfied with their gains will now re-balance their holdings to mimic their benchmark index. So they will reduce their position in stocks that had above average gains to the level of their representation in their target index. So unless a buyer steps up to absorb the shares, the price will stay weak.

Precisely.
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