Today is window dressing day
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       Value Investing Forum Forum Index -> Passive Long Term Investor
blast_investor Thu Mar 31, 2005 12:18 pm    

Today is window dressing day 
Mutual funds want to buy good stocks today to show up in the quarterly
report in order to impress (or deceive) their investors how great their stock picking skill is.

Oil stocks are all up big today. Mutual funds buy them today big to show investors that they own successful picks like oil stocks WLL CHK.

What a day!

Here is description of window dressing day:

http://www.fool.com/News/mft/2005/mft05022805.htm
 
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