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Strategies & Market Trends : Stock Attack -- A Complete Analysis

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To: Paul Shread who wrote (39640)12/29/2000 5:31:55 PM
From: JRI  Read Replies (1) of 42787
 
Thank you Paul, and the same to you and yours....one last thought: I read on another thread the expectation that some individuals may be waiting until Jan. 2nd to sell...to avoid paying tax in 2000 (mostly those holding certain stocks for years, with still some nice big gains)....and that that could contribute to further downside on Tuesday....

I guess (on the other side) 401k money is coming in...and some fund managers will be putting some cash to work early in the week...

I am having a difficult time picturing anyone getting excited about buying tech Tuesday (after reflection this weekend, and looking at their portfolio balances- if they are still long tech)....I can't see these folks putting extra $$ in tech here....that leaves the "value" guys to buy...and I think they are still waiting for tech to go lower....

Net/net (all these) who knows? I certainly got today wrong.
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