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Strategies & Market Trends : Bonds, Currencies, Commodities and Index Futures -- Ignore unavailable to you. Want to Upgrade?

To: Jack of All Trades who wrote (2232)	9/7/2001 9:45:18 AM
From: Chip McVickar	Read Replies (1) \| Respond to of 12411

Hi Jeff, As you know Sept and Oct have traditionally been the months that large fund managers reshuffle portfolios for tax purposes and it seems to me this has become much to obvious to the general public. Wonder if this time table has been shifted forward and the summer months are now also a time of shuffles. Leaving managers open to purchases at lower prices in the valley's of Sept/Oct. Beginning to feel this is a world wide lockstep slow down that will continue way into 2002 and may well extend for many years before the old highs are touched again. This is not to say there won't be strong moves higher... just not another strong Bull market that the public is accustom. It will remain a traders market slowly culling out the long term holders and the shares will be returned to the major brokerages...! Water is still about 70-72°... Have a Great Time...! Chip