Even with the market due for a pullback, window dressing for end of quarter and monthly strength from automatic 401(k) adds could keep the bulls in charge.
It's only the 23rd, and maybe this is drifting into conspiracy territory, but the institutions may try to load up and prop up the leading names for their quarterly reports. So any dip may be bought up quickly. Which seems to be what is going on today.
Just a thought.
***
Feeling much better today and back at work.
I actually stayed up and watched the Padres vs. Dodgers game last night. Boy, tough time for Dodger Blue!
Picture is of Grace Park from Hawaii Five-0, which I have on the DVR waiting to watch. I hear there is bikini.
Thursday, September 23, 2010
End of Quarter Window Dressing
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