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Strategies & Market Trends : Sharck Soup
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To: Sharck who started this subject3/20/2001 11:42:14 AM
From: Devin123   of 37746
 
With or without 50 or more basis points, we'll test the lows in April as people sell for taxes. I spoke to the anesthesiologist friend yest. whose son is at Mer. Lynch. ML saying to sell if market gets back up to 2400, but if it hits 3000 (lol) then the bulls should take off again. .... That makes me laff, cuz if you sell at 2400, you'll be kicking yourself if market keeps going to 3000. Anyway, expect to see some selling as market tries to bounce significantly for tax puposes.
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