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


To: LTK007 who wrote (12699)12/12/2001 3:58:40 PM
From: Zeev Hed  Read Replies (1) | Respond to of 99280
 
Early January has a seasonal excess liquidity period, count on early January to be quite strong. If you were really thinking like a fund manager that gets his bonus on year end results (I think many get theirs on end of September results), then you would think, this year is shut any anyway, the hell with it, lets get those price s as low as possible so that next year's bonuses will compensate for the lack of this year's, and thus would get a weak market into the first of the year, that is LG type of thinking....

Zeev



To: LTK007 who wrote (12699)12/12/2001 3:58:47 PM
From: ajtj99  Read Replies (1) | Respond to of 99280
 
Max, they will still have beginning of the year inflows of money from IRA's, 401K's, and pension funds. They will live to prop the market up most of the month of January, IMO.



To: LTK007 who wrote (12699)12/12/2001 3:59:24 PM
From: LTK007  Read Replies (1) | Respond to of 99280
 
anyone know the precise date that Funds will be using for their end of year marker--is it the last day of trading or the day before?? Max



To: LTK007 who wrote (12699)12/13/2001 5:02:46 AM
From: Psycho-Social  Respond to of 99280
 
Could be.