The Bear Case

[dmk112]

Shhh! Don't confuse the issue with facts. <VBG>

Steckler, this guy is pure entertainment, he says he's a 'retired' vp, LOL.

So NY.. how was that severance package??? haha

[Karel]

End of month window dressing providing great selling opportunity.

Window dressing is done at the end of the qtr, not month. FYI

Perhaps that is why he referred specifically to EoM window dressing? "Window dressing" is a not uncommon expression and can hardly be expected to refer exclusively to the generally recognized phenomenon you refer to.

As long as neither party shows either the logic behind EoM window dressing or its non-existence, this is a moot point.

Regards,

Karel

[DSteckler]

Karel, mutual funds and large institutional investors pretty up their holdings on a quarterly, not a monthly, basis. In part this is done to coincide with quadruple witching.

You have to understand Garbo - he's been "blaming" the market's rise on window dressing, manipulation, etc., since 2003.

[Karel]

Karel, mutual funds and large institutional investors pretty up their holdings on a quarterly, not a monthly, basis. In part this is done to coincide with quadruple witching.

You have to understand Garbo - he's been "blaming" the market's rise on window dressing, manipulation, etc., since 2003.

How exquisitely beside my point! If you had made at least some attempt to understand my post, you would have realized that I fully understand that mechanism. But to disqualify a statement about EoM window dressing purely on the ground that something else is called window dressing, sounds somewhat like mentioning in a discussion of binary trees, "Don't you know that you find trees only in a wood?"

Please understand that I am not defending the existence of EoM window dressing. That is up to NY4Ever. But if this is your way to elicit further information from him on the subject, you choose a strange and unpleasant way to go about it.

Regards,

Karel

[DSteckler]

I understood your point, Karel. You apparently failed to understand mine and dmk's, so I'll spell it out for you.

The expression "window dressing" in the investment world is construed to mean specifically end of quarter, not end of month.

And the idea of eliciting further information from Garbo is hysterically funny!

[Karel]

OK Dave, apparently your opinion is that when words have a definition in the investing world, they can no longer be used on this board in any other meaning, however valid in other contexts, and however qualified in other ways. It seems a rather stupid position, but I am glad to know it is yours.

With this cleared up, can we now return to the topic of this thread, in a way that actually contributes to the topic and the forum, or do you prefer to continue your volley of snide remarks?

Regards,

Karel

[DSteckler]

<< OK Dave, apparently your opinion is that when words have a definition in the investing world, they can no longer be used on this board in any other meaning, however valid in other contexts, and however qualified in other ways. >>

This is an investing board, is it not? The phrase "window dressing" is a term of art, which has a specific meaning in the investment world. Why would you want to use a definition unrelated to investments on an investment board?

And how were my remarks snide? I dared to disagree with you so that makes them snide?

[Karel]

<< OK Dave, apparently your opinion is that when words have a definition in the investing world, they can no longer be used on this board in any other meaning, however valid in other contexts, and however qualified in other ways. >>

This is an investing board, is it not? The phrase "window dressing" is a term of art, which has a specific meaning in the investment world. Why would you want to use a definition unrelated to investments on an investment board?

And how were my remarks snide? I dared to disagree with you so that makes them snide?

Why? Why not? As long as there can be no confusion, f.i. because the term is properly qualified, why not?

And, Dave, perhaps your referring to Ny4Ever as Garbo isn't snide. But then please explain what it is, and how it is supposed to contribute to this board.

Regards,

Karel

[DSteckler]

Karel, I call him Garbo because that's one of the many screen names he used for years on AOL. Those of us who came over from AOL know him as Garbo. Maybe he vants to be alone....<VBG>

To use the term "end of month window dressing" is like using the term "a positive negative number." Window dressing is a term of art that in the investment world, specifically refers to end-of-quarter buying and selling by mutual funds and other large institutional investors.

[Karel]

You do realize that your simile with "positive negative number" has a big hole, in the sense that it would be hard to give a meaning for "negative number" other than the precise mathematical one? Whereas "window dressing" has an original meaning, a figurative meaning, and a special version of that figurative meaning for the financial world?

And that "Maybe he vants to be alone....<VBG>", with slang and all, is what makes your activities in this thread so suspect. If that is what he wants, why don't you leave him alone? Just check your posts in this thread, and, apart from our discussion, they are just <VBG> posts, aimed at the original poster. Why not stop with that nonsense? Few people would appreciate that kind of interference with their threads.

Regards,

Karel

[DSteckler]

<< And that "Maybe he vants to be alone....<VBG>", with slang and all, is what makes your activities in this thread so suspect. If that is what he wants, why don't you leave him alone? >>

Karel, "I vant to be left alone" was a line Greta Garbo spoke in the movie, "Grand Hotel." I was making a play on that line.

[Karel]

Good for you, Dave.

Regards,

Karel

[DSteckler]

Month to date:

The Dow is up 210 points (1.8%)
The SPX is up 15 points (1.1%)
The Naz is up 20 points (.8%)

The Dow is also only 173 points (1.5%) away from a new ATH. Not looking good for a bear case.

[NY4Ever]

Month to date:

The Dow is up 210 points (1.8%)
The SPX is up 15 points (1.1%)
The Naz is up 20 points (.8%)

The Dow is also only 173 points (1.5%) away from a new ATH. Not looking good for a bear case.>>


Dow down 112 S & P 12 Nasdaq 38 today thus far. Not looking good for the BULL.

[Jim Smith]

Jimmy Rogers predicts a US recession in 2007