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Re: Train Guy post# 90700

Tuesday, 03/25/2003 9:33:58 AM

Tuesday, March 25, 2003 9:33:58 AM

Post# of 704041
Regarding the tick,

one big reason we have been having "tick inflation" isn't because people are more emotionally delirious, but because of more and more closed-end funds that are skewing results. There are a lot of closed-end bond funds now, for example.

The high and low range of the NYSE tick has had to be moved up by 150-200 pts over the last few years.

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