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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 671.910.0%Nov 14 4:00 PM EST

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To: donald sew who wrote (16145)6/5/1999 5:49:00 PM
From: Michael Watkins  Read Replies (1) of 99985
 
>> As mentioned in my previous note, thats what I thought also. I heard somewhere that the mutual funds have 72 hours for the reporting process, but I cant say if that is true or not and hope someone else could add to it. <<

In addition to Donald's comments to Vampire, I'd imagine that window dressing-related buying sets up a rally pattern leading into the following month because the 'herd' is getting in a little after the move has begun and their own momentum carries the window-dressing rally just a little further past the end of fund buying.

Michael
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