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Strategies & Market Trends : Roger's 1997 Short Picks
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To: Humblefrank who wrote (7944)12/6/1997 11:53:00 PM
From: Roger A. Babb   of 9285
 
FP, most investors have profits in most long positions and thus will not sell before end of year for tax reasons. On the other hand they will take losses, but there aren't many of those. I think we will go up until earnings start to disappoint.
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