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Gold/Mining/Energy : Strictly: Drilling and oil-field services

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To: Lucretius who wrote (15918)3/22/1998 5:46:00 PM
From: Don Westermeyer  Read Replies (1) of 95453
 
This "April window dressing" idea appears to be well touted by bulls

That has already pretty much happened. Managers don't want to appear any less than 100% participation in the rally in their Q1 report, so they've been busy putting cash to work. There might be a few more days of it, but I can't believe they have much cash left to spend.

Lots of short sellers (including me) have been waiting for this nonsense to end before getting brave again. :)

Don
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