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Strategies & Market Trends : Analysis Class for Beginners -- Ignore unavailable to you. Want to Upgrade?

To: Arthur Tang who wrote (1287)	3/23/2001 6:19:07 AM
From: Arthur Tang	Read Replies (1) \| Respond to of 1471

Yesterday in the last hour of trading, DOW came back from a deep discount. Professionals think the market is ready to turn around because they saw institution money came back. The view is correct in that the window dressing for the end of March mutual fund reports has only a few more days to be exercised. "ebb and flow" will take a back seat. The late happening of window dressing is caused by the strong message to Federal Reserve Banks. So far not much clear winners that window dressing can gravitate to; so the first round is chips(semiconductors) in the high tech field. All beginners in investment must learn the effects of window dressing. In the dog years of 1970s-1980s, window dressing keept the market on an even keel. "Window dressing" is the selling of stocks out of favour and buying of the stock in favour to dress up the mutual fund portfolio for their subscribers. It is a Wall street terminology.