RE:Why Stocks Are Soaring: A Massive, $64 Billion Buy Order For now, however, buckle up for what may be the single largest quarter-end pension rebalancing in history.
"A few days later, with pensions seemingly deciding to take Christmas Eve off, Wednesday's torrid price action - and that over the next two days with quarter and year-end imminent - is the result of this "single largest quarter-end pension rebalancing in history", which is manifesting itself in the biggest percentage gain in the Dow since late March."
This sounds pretty good for the immediate future. I wonder if these same funds shorted on the way down causing these huge drops.