End of quarter window-dressing; RWB rocket: MSB


With the end of the third quarter upon us, I am holding on to stocks that have been strong.   I expect that mutual funds are acquiring them so that they will look good when their reports of their holdings come out.   Why the SEC does not require funds to report their average cost (purchase price)   of their holdings is beyond me. So funds can buy the strongest stocks at the end of the quarter and customers will assume their fund managers were smart enough to have bought them in time to profit from their rise.   I am likely to become more defensive next week   as we go into the short period before earnings are released.

Below is MSB, another RWB rocket stock:

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