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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: pater tenebrarum who wrote (70731)2/23/2001 10:47:15 AM
From: Joan Osland Graffius  Read Replies (1) of 436258
 
heinz, >> tax related selling is more likely to hit in early April than now

You are correct. People have to pay residual taxes on April 15th. People always put this off and mail the check at the last possible moment. I would suspect if there are any sales of paper assets to make these payments it "should" happen on any perceived strength starting in March and if there is no market strength they will dump the week of April 15th..

Joan
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