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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 683.310.0%4:00 PM EST

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To: Herschel Rubin who wrote (63547)12/2/2000 8:06:57 AM
From: Louis V. Lambrecht  Read Replies (1) of 99985
 
HR - tax-selling? or funds redemption? Selling anyway.

Heard from many sources that the funds will be distributing some gains.
Although most funds do perform very weakly (holders seeing their capital melting), the holders will have to pay taxes on that distribution.

Lose money + pay taxes: IMHO, mom & pop will rotate their funds as they used to--> T-bills.

Expecting the coup de grace of the Naz before X-Mas. Nicely in sync with the 9 month cycle.
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