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Pastimes : The Justa & Lars Honors Bob Brinker Investment Club
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To: Justa Werkenstiff who wrote (10318)12/7/1999 8:18:00 PM
From: Math Junkie  Read Replies (1) of 15132
 
Now that the Nazdaq has turned in yet another record close, I find myself wondering if the present rally is not being driven by investors' expectations of a Y2K relief rally in January. If that is what everyone is expecting, we may see some serious profit taking next month. Another factor supporting that scenario, which someone already mentioned, is the number of people who don't want to incur tax on their gains for this year.
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