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Strategies & Market Trends : Value Investing

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From: Tapcon3/30/2008 12:57:39 PM
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End of quarter dressing?
Some of the really beaten up stocks this quarter have taken a another hit in the last day or two on fairly light volume. Makes me wonder whether some fund portfolios are dressing up for end of quarter. Also wondering whether we can expect a bounce after March 31.

Barrons had another article ("Long and Leery") making the bullish case (for second week in a row)in aninterview with Tom Claugus of Bay Resource Partners.

I'm looking at last Friday price drops on low volume for
MBI -4%, light volume
AXP -3.75%, light vol
YRCW -5%, light vol (That one looks ripe for re-entry)
Several others in financial and insurance with similar patterns.
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