I was wondering if perhaps you were looking at it from the other side...
"
I tell you its from the other side,,, You can't see the eyes of the demon,
until him come call'in. Dis is dred mon, truly dred"
{Peditor2 Reference}
In a Bear Market, I tend to think, lean and react as if it be the worse case
scenario. Even in the midst of a temporary rally. I'll question how long and
for how much. I tend the be more right then wrong over the long haul. In
a Bull Market, I'd lean towards the "other side" and second guess the rumor.
No my friend, even if the negative affects of a redemption of Mutual and
Hedge Funds never appears over that weekend, I can't help but wonder if
my fear of the unknown won't be shared by other investors. I've kept 15%
of my money in the risk funds for any pre-redemption move upward. But
I must lean towards pulling the trigger when my gut starts to feel like I
drank a glass of sour milk. What can I say, it works for me.
A final note ! By the time we get to this Friday, we will have gone through
some pretty heavy Economic Reports which could drive the Market down
even more then the Redemption Fear; :worried:
Thursday=Intial Claims, Trade Balance, Treasury Budget
Friday=Retail Sales, Import & Export Prices, Business Inventories
I think the Market will Rally on Monday, Demonstrate a small continuation
Tuesday on extremely light volume or begin a 2 day pullback which would
include Wednesday. After that, we can only hope to beat expectations
on some very dismal economic reports. Of coarse, Earnings Reports will be
in focus before Thursday's Ecomonic Focus. (JMHO). :blink: