The strong action Tuesday in the usually stodgy old industrialgroups such as steel, mining
The strong action Tuesday in the usually stodgy old industrial
groups such as steel, mining and farm when equipment prompted a 【S1】______
number of market commentators to shake their heads in dismay and 【S2】______
comment on the outrageous quarter-end window-dressing games.
But the attitude is that these stocks are being artificially manipulated 【S3】______
by desperate funds trying to send the message on that they are 【S4】______
holding the hottest groups and not with the technology and chip 【S5】______
stocks that have been the big losers recently.
Certainly, manipulation of stock at prices is not something that we 【S6】______
want to promote, but in many cases what we are seeing is simply 【S7】______
traders creating a self-fulfilling prophecy' rather than outright
manipulation. Traders expect window-dressing to occur in the stocks
that have been hottest lately. They don't wait for the moves to occur
without them; because they get in front of the anticipated move and 【S8】______
cause it to occur. In many cases, since the end-of-the-quarter 【S9】______
window-dressing is nothing more than the work of overzealous traders.
Whatever the cause of quarter-end price in movement might be, as 【S10】______
traders like we must take advantage of it. A lot of commentators 【S11】______
whine about how terrible it is that these games are played, but if you
are a longer-term investor, so short-term price movements are totally 【S12】______
irrelevant, and if you are a short-term trader you should be happy to
see the increased volatility.
【S1】______