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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank -- Ignore unavailable to you. Want to Upgrade?


To: Connor26 who wrote (61461)9/15/1999 4:12:00 PM
From: nokomis  Read Replies (2) | Respond to of 120523
 
HLTH out with just over 8 ...crazy market, it really surprised me today with the sell-off...my theory? September is a big buying month for the fund managers....want to dump their losers and buy the "winners" before end of quarter so everthing looks pretty in print...trouble is, if they want the winners, they sell off to pick up more cheaply ... and if they want to dump their losers, they just sell.

So today, we saw all the selling and with benign CPI numbers, I think that will pave the way for heavy buying after triple witching, which I don't really understand .. but that's my guess.