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"Investors are interested in locking in gains already in portfolios".
Only by blunting the hostility of the Bush administration and locking in gains in relations with South Korea and its leader, Kim Dae Jung, before a new president is elected there in December, can North Korea hope for continued aid on a large scale.
Dazed to some extent by success, particularly in the Nasdaq market that made two record highs this week, investors "may be locking in gains before the end of the year," suggested Timothy J. Morris, the chief domestic strategist at Bessemer Trust.
Locking in gains.
This accomplishes another goal, locking in gains and taking some money off the table.
Similar(55)
Mr. Koizumi may have moved aggressively to lock in gains with North Korea now.
Investors may also have sold shares to lock in gains from Monday's 413-point rally in the Dow.
Uncertainty about a possible increase in capital gains taxes has been prompting investors to sell stocks to lock in gains ahead of Jan . 1 Mr. Johnson said.
Many were also jumping back in after end-of-quarter window-dressing, when fund managers often sell to lock in gains.
"Investors may be trigger-happy to lock in gains at any sign of selling," said Michael Sheldon, chief market strategist at RDM Financial Group.
The buying is an effort to unwind their short positions, to lock in gains or limit losses, but it further drives up the share price.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com