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Strategies & Market Trends : Stock Attack II - A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Paul Shread who wrote (40441)10/16/2002 10:30:47 AM
From: zonder  Read Replies (1) | Respond to of 52237
 
Paul - Thanks for the insight. Short covering might indeed explain the rally of the past few days, as there is a significant lot expiring on friday.

Another factor could be that 31 October is the end of many funds' fiscal year. Those funds could be adjusting the bond-equity ratio to fit their mandates - selling bonds and buying the battered equities.