100% + Gain, in 72 Hours or Less Message Board

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Non-Tech : 100% + Gain, in 72 Hours or Less

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To: Instock who wrote (321)	12/31/1997 12:59:00 PM
From: ivan solotaroff	Read Replies (1) of 1488

Instock, Long time, no. Today's the day a site like 100%+ Gain should be particularly apt, but, to my surprise, there has been only blow-off bottom out of the 100 or so stocks I was hoping to find one in: GOTK, and that was, at best, a 14% play. Not too shabby but not the 30-50% you should usually be able to find on the 31st. It's funny how perception works: Today is not even a viable tax-loss day. It takes three days for transactions to settle, and that means the last real tax-loss day was last Friday (every other loss comes off your 98 returns). That's why you look for blow-off 31sts on sub-$5 stocks, where the players tend not to know little things like the 3-day settlement rule. Happy New Year, Scott. It's been a pleasure to make your acquaintance this year. Ivan

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