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Re: smartone post# 54223

Monday, 06/30/2008 9:05:08 AM

Monday, June 30, 2008 9:05:08 AM

Post# of 385288
smart..thanks for pointing that out. The rise in buying should occur after the first of the month..when the retirement funds receive their inflow and managers put the money to work. I have always considered the rise of the last days of the previous month as front-running that inflow.

Hmmm..I wonder why that would stop? Owners of the retirement funds designating their money to go to money market rather than stocks? Therefore, fund managers, who always hold some cash, wait until they see what they have before they buy after the new month flow is received? Are people being pinched economically to the point that they are stopping their IRA contributions? Any other ideas?
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