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Strategies & Market Trends : P&S and STO Death Blow's -- Ignore unavailable to you. Want to Upgrade?


To: t2 who wrote (11608)10/18/2002 5:16:40 PM
From: Steve Lee  Respond to of 30712
 
"We got our ramp without money inflows into the market. That is unbelievable.

That can only mean porfolio rebalancing among pension funds..but it could also be individuals slowly shifting money out of profitable bond funds and into stocks"


It means neither. The ramps came overnight on futures pumps. In other words, nobody was buying stocks but the market went up. Manipulation, option expiry. Fantasy price week as Jeff calls it.