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Strategies & Market Trends : Bonds, Currencies, Commodities and Index Futures

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To: Walkbarr who wrote (10577)	4/3/2006 4:31:33 PM
From: GROUND ZERO™	Read Replies (1) of 12411

I don't know, I think another rally tomorrow is probably less likely now... I think today we saw pension fund managers buying all their favorite window dressing stocks from the end of the month and end of the quarter pension money that flows into those pension/savings accounts... this kind of first of the quarter and first of the month buying used to take a full week, but with computers, we see all that happening within the first day... with the futures higher early, it seems that buying actually started before the market opened, but the buying stopped with about 90 minutes to go, and then it was back to business as usual... so, at about that time, when I saw prices re-enter the down spiral wall, I jumped back to the short side for safety... this time it worked... tomorrow is another day... GZ

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