Skeptical of this Euphoria, from John Tierney

2009-06-26 · John Tierney
Original source

I heard it suggested this morning that yesterday's boom in equities was a result of "T+3 window-dressing" and not necessarily a bullish endorsement of the market. It seems that there should be a multitude of studies on end-of-quarter window-dressing and whether the above mentioned suggestion is legitimate or another canard.