Friday, June 26, 2009

What to Expect Ahead/Quarter-End Mark Up

I'm fully expecting the funds to engage in the usual quarter-ending mark up, which means through the end of the month, I wouldn't be surprised if stocks run a bit. It can easily happen, and likely will. To begin with, volume has been relatively light and usually gets that way in the summer. Bottom line is, the funds like to make their numbers look good. Don't get in their way by trying to go short.

I'm still hoping to buy at some better prices, and that will take a little more time. I'm fully expecting this quarter-end markup to take place as funds are trying desperately to attract that money that's currently sitting on the sidelines.

Have a great weekend!

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