first few days of the month.mgrs. put money to work. no such thing as window dressing the last couple days of the month.in my opinion. charts show.the money comes in.first few days of the month.not the last few days. i don't know why so many talk about the last couple of days of the month going up on window dressing.i wish someone would show this to me on the charts. anyway.i stick with my post from yesterday.short term pop.then plunge is my guess.
>>>I haven't seen much indication of program trading today at least as far as the PREM <<<
maybe not in the PREM but there is no other way to account for a 20-30 second move in the tick of more than about 100-150 basis points on the nas and 200 or more on the NYSE. Program trading now accounts for 41 of every 100 shares traded. 41.5% of trading on the NYSE was program trading the week before last. The way the tick moved today and how the trin looked, I think we had a bunch of distribution on a near 200 point up DOW day. How crazy is that!
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