... so.. the funds that invest retirement income come in next week and will buy up some stocks...
as it is with the "shell game" we should see some Bidding up of the market leading into that...
no reason to allow the retirement funds to own stock at a reasonable level.
but hopefully we break down on this pattern over today Monday and Tuesday... then we can buy some stock and sell it to those funds at the end of the month.
Financial history doesn't repeat itself, but it often rhymes. You can't be stupid enough to trade off anything I say.... I'm lucky they let me out of the straight-jacket long enough to trade.
J. P. Morgan
Friday, February 22, 2008
end of the month trading
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