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Technology Stocks : Ascend Communications (ASND) -- Ignore unavailable to you. Want to Upgrade?


To: blankmind who wrote (39672)3/17/1998 9:59:00 PM
From: username  Read Replies (1) | Respond to of 61433
 
Every quarter the fund managers have to sell two things so they can show their performance: the dogs and the ones that rocked up and look like a short term top. As a general rule, they start about 2 weeks before the end of the month.

Then there are the fund managers that have cash and are looking for a great spot to get in on a deal they thought they missed.

Volume on the NASDAQ is, as a "general rule", about 2X the volume if that same stock was traded on the NYSE.