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Politics : Ask Michael Burke
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To: Knighty Tin who wrote (41056)12/27/1998 4:03:00 PM
From: voodooist  Read Replies (1) of 132070
 
Re window dressing: Mike, Hi, let me introduce myself as a newbie type investor. I believe that one of the areas where it's likely to be done is by the "hot hand" type of funds that are vying for top spots in the mutual fund categories. I watch every tick on lots of stocks, and for the last five years have noticed certain stocks going up several points on Dec. 31 and then losing the same amount on Jan. 2. Are there other forces at work here? Also, it seems to me that I read once that it's illegal. Is that possible?
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