Replies to post #153135 on Zeev's Turnips Patch-No Politics (ZEEV)

[DlphcOracl]

Zeev: The week following triple (or quadruple) witching options expirations is historically a down week. However, I would bet:

1. if it is a down week, it will be insignificant (2-3%).

2. as with Sherlock Holmes, I am impressed by what I an NOT
seeing or hearing --- namely, earnings warnings. These should have started cropping up and there are none of significance I can recall. Which leads me to believe...

3. that the earnings that will be reported in October will be stellar and will continue the positive momentum of the market.

4. anyone looking for a significant dip to re-enter (10% or greater) between now and then will be greatly disappointed. Simply put, it ain't gonna happen.

[yayaa]

Z? On next week. I heard that mutual funds will begin to lock in profits starting next week and continuing into 1st two weeks of Oct. when they close their books for the year. Big bragging rights at stake here for advertising their funds and yields for the past year. Makes sense to me,your thoughts. tia

[SantaCruz]

Down? But it's end of quarter markup week. Spitzer hasn't come after them yet, so why should they stop now?