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


To: Chris who wrote (4481)12/30/1997 1:57:00 PM
From: GROUND ZERO™  Read Replies (7) | Respond to of 42787
 
Chris,

The reason fund money won't enter the markets until next week is because employee paycheck contributions to their pension funds collect up during the month and the money fund managers do all their pension fund buying during the first week of every month. If you look at the chart, you can generally see the market upticking during the first few days of each month. Go figure...

GZ