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Strategies & Market Trends : Zeev's Turnips - No Politics -- Ignore unavailable to you. Want to Upgrade?


To: LTK007 who wrote (2388)10/31/2001 8:14:57 PM
From: LTK007  Read Replies (1) | Respond to of 99280
 
Bob Pisani had a good possible dig this evening.That being that the buying pressure(in part) this month was from funds etc. reallocating there bond/equity percentages,from say 35/65 to 30/70.And that one need consider that much of this process reached a conclusion with October's completion.
Idea came from Bob Gross of the Pimco Bond Fund,who when puzzled about the amount of bonds being sold asked his clients what are you doing,and was told they were in a re-allocating process.
Just something to consider--nothing more.Max