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


To: public_heel who wrote (83293)6/21/2002 6:14:38 PM
From: J L Segal  Read Replies (2) | Respond to of 99280
 
" JLS re RDRT - The funds are not selling yet. The ones whose charter it is to hold S&P 600 stocks >must< sell on the close of the day of removal (next Friday). Likewise, they must buy the replacement at the same time."

Thank you for the detailed explanation. I wasn't aware of that .....should make next Friday's close very interesting for the stocks involved.