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Strategies & Market Trends : The 56 Point TA; Charts With an Attitude

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To: Magnatizer who wrote (22144)10/18/1998 2:54:00 PM
From: Alski  Read Replies (1) of 79388
 
David,
A basic TA question (re: HOT). How might a substantial corp. structure change affect the validity of TA? HOT was a paired share REIT. They announced several months ago that, because of a tax law change that targeted the paired shared REIT's, they were abandoning the REIT status and would be taxed as a C Corporation. High dividend pay out will likely be substantially impacted. How long does it take for chart patterns to reflect the new situation?
Alksi
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