Jammin’ ‘n Scammin’
March 31st, 2005 by 
InLibrisLibertas
Although I didn’t do the analysis myself, I read a report that the month-end ramp job, defined as the three days before the end of the quarter to the Thursday before the employment report, accounted for all the return in the market last year. During the jam-job period, for the first three months of 2005, the Nasdaq 100 is cumulatively up 3.2%, when the actual performance is down 8.1%.
Posted in Rogues and Rascals, Stocks | 