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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED -- Ignore unavailable to you. Want to Upgrade?


To: CAtechTrader who wrote (25465)12/16/2000 9:33:53 AM
From: im a survivor  Respond to of 65232
 
<<I observed the same JW>>

Since it sold off the last few minutes, but then came back a tad in AH, is this a good sign that maybe yesterday had more to do with triple witching then we realize......that plus msft. Did folks come back AH because they think we are near a bottom, or just traders looking to make a quick buck.

Tough market to figure. If we could ever get a decent rally....one that takes us back to 3200 and sustains that as a botton, I am ready to bag this stressful crap and do some cc writing on quality issues. Take my monthly money and run...if we continue down, at least I am pulling in a few bucks each month. As it is, I have been sitting on my hands riding many stocks down from much higher levels. I didnt cover because I have been expecting a sustained rally forever now.......but had I been covering every month, the income generated would have at least help make up for the declining prices I just sat on doing nothing with.

Thanks keith



To: CAtechTrader who wrote (25465)12/17/2000 10:16:48 PM
From: Anthony Clement  Read Replies (2) | Respond to of 65232
 
CAtechTrader

May I get your insight on an issue I have been thinking about??
Last week was Janus Fund's [one of many ] distribution date, being extremely weighted in tech, is it possible they may have been anticipating a climax in people selling non performing funds, not wanting the tax hit!!
Now, if you are running a fund with constant inflows, would you not wait till all those deadlines are met, so you could meet all outflowing obligations prior to committing new money into the market???

Be kind if I am really off base!!!

English Karen [just trying to learn ]