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Strategies & Market Trends : Rande Is . . . HOME -- Ignore unavailable to you. Want to Upgrade?

To: thestockrider who wrote (51853)	5/31/2001 2:21:28 PM
From: Rande Is	Read Replies (1) \| Respond to of 57584

Alert Swing Traders: A/D line just took a hard turn toward the south. . .and is currently in negative numbers. Looking to put in new low on the day, IMO. . . as indicated by downward momentum since HOD at 1:35pm. . . likewise VIX has been moving upward since that time. . .where it was flirting with 25. I am maintaining my sidelines stance and not buying into this market move. . . it all looks like last day of month window dressing to me. Rande Is

To: thestockrider who wrote (51853)	5/31/2001 2:33:28 PM
From: maverick61	Read Replies (1) \| Respond to of 57584

stockrider - EOM window dressing goes on with many funds - although not to the same extent as end of quarter. This is really prevalent in the tech area - where lots of funds like to advertise recent good returns. Settlement date does not matter - when funds window dress - they are usually trying to prop up existing big positions they own. If they can "mark up " these stocks by buying some more today - they create an artificial rise in their fund value. For instance - if I ran XYZ fund - and owned 1,000,000 shares of FFIV- and it was at $10.39 to start the day - and I can buy 40,000 shares today to help move the price up to $11.28 (or $.87) - with that small purchase - I improve my performance by $870,000 on my existing shares. Not too shabby - nor not too legal either - but when has that ever stopped da big boys.