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Strategies & Market Trends : Drillbits & Bottlerockets
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To: MulhollandDrive who wrote (5256)3/12/2001 12:10:29 PM
From: Diana   of 15481
 
<<The fund holders won't be happy paying taxes on a down year after having received a "distribution". >>

Re a family member (Gov't muckety-muck, stationed overseas with diplomatic housing and servants + hardship pay, single, no kids, in 50s) who has no investment savvy but has fat Govt retirement plan: Pissed about loss in tech funds AND having to pay big IRS payments has moved all holdings to tax free fund.

Now imagine this multiplying all over the Fund business plus the margin calls for active market players. Seems we may still be dropping down the Rabbit Hole. . .
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